What is the main function of the Madrid Agreement?

The main function of the Madrid Agreement is to provide a unified application for trademarks, which streamlines the process of registering trademarks in multiple countries. This agreement allows businesses to file a single application with their home country's trademark office, which can then be extended to other member countries. This significantly simplifies the process for businesses seeking international protection for their trademarks, reducing the complexity and cost associated with filing separate applications in each individual country.

The Madrid Agreement is part of the larger Madrid System for the International Registration of Marks, which promotes the protection of trademarks globally by centralizing the filing and management of trademark registrations. This not only benefits businesses by facilitating access to international markets but also helps maintain consistent rights for trademark holders across borders.