AIRLINK 193.50 Decreased By ▼ -1.51 (-0.77%)
BOP 9.64 Decreased By ▼ -0.13 (-1.33%)
CNERGY 7.53 Increased By ▲ 0.17 (2.31%)
FCCL 37.70 Decreased By ▼ -1.07 (-2.76%)
FFL 15.60 Increased By ▲ 0.01 (0.06%)
FLYNG 25.59 Increased By ▲ 0.18 (0.71%)
HUBC 127.07 Decreased By ▼ -1.55 (-1.21%)
HUMNL 13.50 Decreased By ▼ -0.31 (-2.24%)
KEL 4.58 Increased By ▲ 0.09 (2%)
KOSM 6.10 Decreased By ▼ -0.20 (-3.17%)
MLCF 43.96 Decreased By ▼ -0.83 (-1.85%)
OGDC 203.24 Decreased By ▼ -0.36 (-0.18%)
PACE 6.40 Decreased By ▼ -0.02 (-0.31%)
PAEL 40.98 Decreased By ▼ -0.15 (-0.36%)
PIAHCLA 17.49 Increased By ▲ 0.77 (4.61%)
PIBTL 7.66 Decreased By ▼ -0.02 (-0.26%)
POWER 9.08 Increased By ▲ 0.04 (0.44%)
PPL 174.25 Increased By ▲ 0.34 (0.2%)
PRL 38.07 Decreased By ▼ -1.01 (-2.58%)
PTC 24.07 Decreased By ▼ -0.97 (-3.87%)
SEARL 107.24 Decreased By ▼ -1.82 (-1.67%)
SILK 0.97 Decreased By ▼ -0.02 (-2.02%)
SSGC 36.40 Decreased By ▼ -1.74 (-4.56%)
SYM 19.04 Decreased By ▼ -0.45 (-2.31%)
TELE 8.24 Decreased By ▼ -0.12 (-1.44%)
TPLP 11.78 Decreased By ▼ -0.35 (-2.89%)
TRG 64.88 Increased By ▲ 0.09 (0.14%)
WAVESAPP 11.63 Increased By ▲ 1.06 (10.03%)
WTL 1.68 Decreased By ▼ -0.01 (-0.59%)
YOUW 3.85 Decreased By ▼ -0.02 (-0.52%)
BR100 11,765 Decreased By -123.2 (-1.04%)
BR30 34,986 Decreased By -233.6 (-0.66%)
KSE100 111,487 Decreased By -543 (-0.48%)
KSE30 34,934 Decreased By -201.5 (-0.57%)

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.