Observancia de los derechos de propiedad intelectual
16. Please explain the basis for calculating the security or equivalent assurance stipulated in Article 53 of the TRIPS Agreement that the competent authorities may require an applicant when they suspend the release into free circulation.
As mentioned above, the security which the applicant has to provide is decided by the customs authority; its purpose is to guarantee the applicant's obligations towards the persons affected by the action and the payment of the costs for the keeping of the goods by the customs authorities. It is not known whether there are any principles established yet for the calculation of those costs.