AIRLINK 69.92 Increased By ▲ 4.72 (7.24%)
BOP 5.46 Decreased By ▼ -0.11 (-1.97%)
CNERGY 4.50 Decreased By ▼ -0.06 (-1.32%)
DFML 25.71 Increased By ▲ 1.19 (4.85%)
DGKC 69.85 Decreased By ▼ -0.11 (-0.16%)
FCCL 20.02 Decreased By ▼ -0.28 (-1.38%)
FFBL 30.69 Increased By ▲ 1.58 (5.43%)
FFL 9.75 Decreased By ▼ -0.08 (-0.81%)
GGL 10.12 Increased By ▲ 0.11 (1.1%)
HBL 114.90 Increased By ▲ 0.65 (0.57%)
HUBC 132.10 Increased By ▲ 3.00 (2.32%)
HUMNL 6.73 Increased By ▲ 0.02 (0.3%)
KEL 4.44 No Change ▼ 0.00 (0%)
KOSM 4.93 Increased By ▲ 0.04 (0.82%)
MLCF 36.45 Decreased By ▼ -0.55 (-1.49%)
OGDC 133.90 Increased By ▲ 1.60 (1.21%)
PAEL 22.50 Decreased By ▼ -0.04 (-0.18%)
PIAA 25.39 Decreased By ▼ -0.50 (-1.93%)
PIBTL 6.61 Increased By ▲ 0.01 (0.15%)
PPL 113.20 Increased By ▲ 0.35 (0.31%)
PRL 30.12 Increased By ▲ 0.71 (2.41%)
PTC 14.70 Decreased By ▼ -0.54 (-3.54%)
SEARL 57.55 Increased By ▲ 0.52 (0.91%)
SNGP 66.60 Increased By ▲ 0.15 (0.23%)
SSGC 10.99 Increased By ▲ 0.01 (0.09%)
TELE 8.77 Decreased By ▼ -0.03 (-0.34%)
TPLP 11.51 Decreased By ▼ -0.19 (-1.62%)
TRG 68.61 Decreased By ▼ -0.01 (-0.01%)
UNITY 23.47 Increased By ▲ 0.07 (0.3%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 7,394 Increased By 99.2 (1.36%)
BR30 24,121 Increased By 266.7 (1.12%)
KSE100 70,910 Increased By 619.8 (0.88%)
KSE30 23,377 Increased By 205.6 (0.89%)

imageISLAMABAD: Minister for Commerce, Engr. Khurram Dastgir Khan said Thursday that the Ministry would enact a new Geographical Indication Law to bring distinction to indigenous Pakistani products.

"Geographical Indication law and the registration of products at domestic and international level will give international recognition to the Pakistani products which have some unique attributes associated with them", he said in a statement issued by the Ministry of Commerce here.

The Minister said that Geographical Indications are place names (in some countries also words associated with a place) used to identify the origin and quality, reputation or other characteristics of products.

Dastgir said that Geographical Indication Law is the need of the hour and will enhance visibility of several Pakistani export items in the international market.

Geographical Indication, he said is a concept of international trade which associates a certain product to a specific location thus identifying its originality and uniqueness.

Such an indication to any product distinguishes it from the rest of same kind thus bringing premium to its price, he remarked.

Pakistan, he said possesses several such products which have distinctive attributes through which they can make a niche in the international market once they are certified as Geographical Indications.

He added that Hunza apricot, Peshawari chappal, basmati rice, Sindhi ajrak, Chaunsa mango etc are among the many products which Pakistan can register domestically as Geographical Indications once the law is enacted which can further be registered internationally.

Such a certification attaches premium to the products which otherwise were exported under the same HS Code as the other varieties of that product.

The Minister also directed the officials of Ministry of Commerce to initiate coordination with the relevant stake holders immediately which include Intellectual Property Organization Pakistan, Ministry of National Food Security and Research, relevant provincial departments and private sector.

Some spade work was done on the Geographical Indications Law by the previous governments during the last decade but it was not brought to its logical conclusion and the law never saw day light.

Copyright APP (Associated Press of Pakistan), 2015

Comments

Comments are closed.