It is also a signatory to the Paris Convention, Berne Convention, Rome Convention, and the Phonograms Convention. As a result of this agreement, the U.S. Government has revoked Paraguay's designation as a Priority Foreign Country and terminated the Special 301 investigation. Congress has not taken up comprehensive patent legislation. Lobbying against the legislation has complicated action in congress. The law prohibits the registration of a trademark by parties with no legitimate interests or who knew or should have known that another party already owned the mark.
Provisions provide specific protection for well-known trademarks.
The law also includes stronger enforcement measures and penalties for infractions. In practical terms, trademark violation is still rampant in Paraguay, and resolution in the courts is slow and non-transparent. The new law provides an important first step, but must be followed by increased enforcement and modernization of the judicial system to become fully effective. Software programs receive the same treatment as literary works under the law. The law contains norms that regulate contracts related to copyrights.