AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,546 Increased By 137.4 (1.85%)
BR30 24,809 Increased By 772.4 (3.21%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)
Business & Finance

Pakistan secures GI tag for Basmati rice

  • Arif while praising the IPO and Ministry of Commerce was of the view that the protection in Pakistan would strengthen our case in the European Union against Indian claim of an exclusive basmati GI tag.
Published January 27, 2021

In a major development for rice exports, Pakistan has secured Geographical Identity (GI) tag for its basmati rice.

As per details, Trade Development Authority of Pakistan (TDAP), which had applied for the GI tag of basmati rice had been granted the tag by GI Registry (Intellectual Property Organization).

The decision will weaken India's claim to the identity of basmati rice in the European Union.

“Congratulation Pakistan, a landmark achievement in the field of Intellectual Property Geographical Indication. TDAP has been granted basmati rice Geographical Indication tag by GI Registry (IPO), the first ever GI in Pakistan,” tweeted Meesaq Arif, Executive Director, Intellectual Property Organization Pakistan.

Arif while praising the IPO and Ministry of Commerce was of the view that the protection in Pakistan would strengthen our case in European Union against Indian claim of exclusive basmati GI tag.

It is pertinent to inform that Geographical Indications (GIs) are a form of Intellectual Property Rights (IPRs) that identify a product originating from a specific area, whose quality or reputation is attributable to its place of origin.

Back in December, Rice Exporters Association of Pakistan (Reap) filed a 'notice of opposition' on against India's claim on Geographical Indicator (GI) of Basmati in the European Union.

The Reap took this step on behalf of rice exporters and farmers of Pakistan who are at the risk of losing billion dollars income. Pakistan has a thriving industry of export of Basmati, making Pakistan one of the top five exporters of rice in the world.

The Reap has previously been involved in developing and revising UK Code of Practice and arranging trade delegations abroad to foster the export of Basmati from Pakistan. The Reap has carried on its reputation of a responsible and effective association by standing up to preserve the heritage of Pakistan.

Comments

Comments are closed.