AIRLINK 191.84 Decreased By ▼ -1.66 (-0.86%)
BOP 9.87 Increased By ▲ 0.23 (2.39%)
CNERGY 7.67 Increased By ▲ 0.14 (1.86%)
FCCL 37.86 Increased By ▲ 0.16 (0.42%)
FFL 15.76 Increased By ▲ 0.16 (1.03%)
FLYNG 25.31 Decreased By ▼ -0.28 (-1.09%)
HUBC 130.17 Increased By ▲ 3.10 (2.44%)
HUMNL 13.59 Increased By ▲ 0.09 (0.67%)
KEL 4.67 Increased By ▲ 0.09 (1.97%)
KOSM 6.21 Increased By ▲ 0.11 (1.8%)
MLCF 44.29 Increased By ▲ 0.33 (0.75%)
OGDC 206.87 Increased By ▲ 3.63 (1.79%)
PACE 6.56 Increased By ▲ 0.16 (2.5%)
PAEL 40.55 Decreased By ▼ -0.43 (-1.05%)
PIAHCLA 17.59 Increased By ▲ 0.10 (0.57%)
PIBTL 8.07 Increased By ▲ 0.41 (5.35%)
POWER 9.24 Increased By ▲ 0.16 (1.76%)
PPL 178.56 Increased By ▲ 4.31 (2.47%)
PRL 39.08 Increased By ▲ 1.01 (2.65%)
PTC 24.14 Increased By ▲ 0.07 (0.29%)
SEARL 107.85 Increased By ▲ 0.61 (0.57%)
SILK 0.97 No Change ▼ 0.00 (0%)
SSGC 39.11 Increased By ▲ 2.71 (7.45%)
SYM 19.12 Increased By ▲ 0.08 (0.42%)
TELE 8.60 Increased By ▲ 0.36 (4.37%)
TPLP 12.37 Increased By ▲ 0.59 (5.01%)
TRG 66.01 Increased By ▲ 1.13 (1.74%)
WAVESAPP 12.78 Increased By ▲ 1.15 (9.89%)
WTL 1.70 Increased By ▲ 0.02 (1.19%)
YOUW 3.95 Increased By ▲ 0.10 (2.6%)
BR100 11,930 Increased By 162.4 (1.38%)
BR30 35,660 Increased By 695.9 (1.99%)
KSE100 113,206 Increased By 1719 (1.54%)
KSE30 35,565 Increased By 630.8 (1.81%)

TEXT: This year Pakistan Customs joined the global community in celebrating the World Intellectual Property Day on 26th April 2021 through arranging multiple nationwide events. The World IP Day was established by the World Intellectual Property Organization (WIPO) in the year 2000 to raise awareness on the impact of Intellectual Property Rights on daily life. Intellectual property protections benefit society by incentivizing creativity and innovation.

At a juncture when world economies are experiencing unprecedented hardships, and countries are trying to recover from the perils of a global pandemic, we need to safeguard health and safety of our citizens more than ever. In the spirit of celebrating World IP Day 2021, it is reminded that apart from collecting multifarious duties and taxes, the Federal Board of Revenue also takes measures to foster economic growth by protecting artistic creativity and industrial innovation.

The office of Directorate General of Intellectual Property Rights - Enforcement (IPR-E) was set up in 2014 as a specialized wing to enforce various Intellectual Property Rights, such as copyrights, trademarks, patents and industrial designs at the time of importation and exportation of goods and services. Albeit, the office of DG (IPR-E) is nascent and even the concept of enforcement of Intellectual Property Rights is relatively new in Pakistan, still a number of important measures have been taken to intercept import and export of counterfeit goods in Pakistan.

These measures include building networks with national and international agencies like IPO-Pakistan, FIA, US Patents and Trademarks Organization (USPTO) and US Department of Commerce to introduce policy changes for improved enforcement of Intellectual Property Laws and build capacity of Customs officers through training programs to capture counterfeit goods at shipping ports/airports. With dedication, sincerity of purpose and better controls we shall be able to curb the phenomenon of counterfeiting on borders.

Copyright Business Recorder, 2021

Comments

Comments are closed.