The Madrid System for international registration of marks has advantages for the trademark owner, for national economies and governments, as well as for professionals, like agents and attorney in the field of trademarks.Trinidad and Tobago is not yet a party to the Madrid Protocol. Accession to this Protocol will take place upon the passage and Acclamation of the Trademark Bill 2015.
The Madrid System comprises of two treaties: The Madrid Agreement and the Madrid Protocol. These treaties deal with the international registrations of trademarks. The Madrid Protocol is the successor of the Madrid Agreement.