Karachi, January 19, 2017 (PPI-OT): The Capacity Building Working Group (CBWG) of the National Financial Inclusion Strategy (NFIS) has felicitated the Intellectual Property Organization (IPO) for completion of draft strategy for 2017-2021 to facilitate the effective creation , development, management and protection of intellectual property (IP) at national level.
Zulfikar Thaver chairman CBWG said the strategy will provide guidance for future activities to strengthen the country’s ability to generate valuable IP assets for economic progress.
Thaver said the IPO is holding a consultative session on the draft IPO national strategy on 25th January 2017 at a local hotel in Karachi and has invited stakeholders for refinement of the draft.
The IPO has informed the participants that the NIPO strategy would help in effective and result oriented coordination with stakeholders to fully benefit from national IP assets in a planned, efficient and sustainable manner. Resultantly ,it would promote innovation and creation which is salient basis of national development in knowledge -based global era,
In its vision statement the strategy states its aim and objective is to establish a modern, balanced and customer oriented intellectual property system in the country for nurturing innovation and creativity, encouraging trade and investment for harnessing the full potential of key economic sectors of Pakistan.
Thaver said the Union of Small and Medium Enterprises (UNISAME) time and again urged the federal ministry of commerce to complete the Geographical Indications (GI) law since it has attained importance in international trade because it identifies a good as originating from a particular place and these goods secure a premium value in domestic and international market.
Pakistan is rich in GI goods and therefore GI law and the IPO strategy together will go a long way in protecting the tags, the value and rights of the stakeholders.
For more information, contact:
Union of Small and Medium Enterprises (UNISAME)
75/1 3rd Commercial Street,
Phase IV, D.H.A., Karachi, Pakistan
Cell: +92-300-8245307, +92-321-8245307