Trade Secrets Law in Armenia
Armenia does not have a dedicated law specifically addressing the protection of trade secrets. Instead, trade secrets are protected under the Civil Code of the Republic of Armenia, which provides a legal basis for safeguarding confidential business information. Additionally, Armenia's Intellectual Property Agency (AIPA), operating under the Ministry of Economy, plays a role in the broader intellectual property framework, including aspects related to trade secrets.
🇦🇲 Legal Framework for Trade Secret Protection in Armenia
1. Civil Code of the Republic of Armenia
The Civil Code includes provisions that protect confidential business information, which encompasses trade secrets. While the code does not explicitly define "trade secrets," it addresses issues related to confidentiality and the unauthorized use of proprietary information.
2. Intellectual Property Agency (AIPA)
The AIPA is responsible for granting patents and overseeing other intellectual property rights in Armenia. While it does not have a specific mandate for trade secrets, its role in the broader IP landscape indirectly supports the protection of confidential business information.
🛡️ Practical Measures for Protecting Trade Secrets
Given the absence of a dedicated trade secret law, businesses in Armenia are advised to implement internal measures to protect their confidential information:
Non-Disclosure Agreements (NDAs): Utilize NDAs with employees, contractors, and business partners to legally bind them to confidentiality obligations.
Access Controls: Limit access to sensitive information to authorized personnel only.
Employee Training: Educate employees about the importance of confidentiality and the company's policies regarding trade secrets.
Exit Procedures: Establish protocols to ensure that departing employees return or destroy confidential materials and are reminded of their ongoing confidentiality obligations.
✅ Summary
While Armenia lacks a specific law dedicated to trade secrets, the protection of confidential business information is supported through the Civil Code and the broader intellectual property framework overseen by the AIPA. Businesses are encouraged to adopt internal measures, such as NDAs and access controls, to safeguard their trade secrets effectively.
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