ANL 34.10 Decreased By ▼ -0.15 (-0.44%)
ASC 13.65 Increased By ▲ 0.30 (2.25%)
ASL 23.40 Increased By ▲ 0.80 (3.54%)
AVN 85.60 Increased By ▲ 1.90 (2.27%)
BOP 7.70 No Change ▼ 0.00 (0%)
BYCO 9.44 Increased By ▲ 0.07 (0.75%)
DGKC 111.51 Increased By ▲ 1.31 (1.19%)
EPCL 48.99 Decreased By ▼ -1.90 (-3.73%)
FCCL 22.85 Increased By ▲ 0.09 (0.4%)
FFBL 25.47 Decreased By ▼ -0.23 (-0.89%)
FFL 15.33 Increased By ▲ 0.03 (0.2%)
HASCOL 8.94 Decreased By ▼ -0.06 (-0.67%)
HUBC 78.43 Decreased By ▼ -0.57 (-0.72%)
HUMNL 6.13 Increased By ▲ 0.29 (4.97%)
JSCL 19.14 Increased By ▲ 0.44 (2.35%)
KAPCO 40.50 Increased By ▲ 1.11 (2.82%)
KEL 3.72 Increased By ▲ 0.04 (1.09%)
LOTCHEM 14.20 Decreased By ▼ -0.15 (-1.05%)
MLCF 42.75 Increased By ▲ 0.45 (1.06%)
PAEL 30.90 Decreased By ▼ -0.17 (-0.55%)
PIBTL 9.52 Increased By ▲ 0.07 (0.74%)
POWER 8.61 Increased By ▲ 0.17 (2.01%)
PPL 82.50 Decreased By ▼ -0.80 (-0.96%)
PRL 23.09 Increased By ▲ 0.32 (1.41%)
PTC 9.00 Decreased By ▼ -0.20 (-2.17%)
SILK 1.38 Decreased By ▼ -0.02 (-1.43%)
SNGP 38.90 Increased By ▲ 0.31 (0.8%)
TRG 165.00 Increased By ▲ 1.78 (1.09%)
UNITY 35.80 Increased By ▲ 0.87 (2.49%)
WTL 1.53 Increased By ▲ 0.08 (5.52%)
BR100 4,846 Increased By ▲ 46.43 (0.97%)
BR30 24,817 Increased By ▲ 123.55 (0.5%)
KSE100 45,175 Increased By ▲ 231.06 (0.51%)
KSE30 18,470 Increased By ▲ 86.89 (0.47%)

Coronavirus
VERY HIGH
Pakistan Deaths
18,677
14024hr
Pakistan Cases
850,131
429824hr
Sindh
289,646
Punjab
314,517
Balochistan
23,016
Islamabad
77,414
KPK
122,520

TEXT: This year the theme for 2021 World Intellectual Property Day as announced by World Intellectual Property Organisation (WIPO) is “IP and SMEs: Taking your ideas to market,” encouraging the world to promote innovative power of small businesses, to solve their problems and create more opportunities for stakeholders at large. FBR shares the same vision and is committed to ensure ease of business for emerging small enterprises.

The Intellectual Property Rights refer to legal rights that guarantee creators protection for artistic works, inventions, and industrial designs. The liberalization of global trade, ushering in lower tariffs and free flow of goods and ideas across national borders spurred the World Trade Organization (WTO) to arbitrate agreements on Trade related aspects of Intellectual Property Rights (TRIPS) to facilitate trade in knowledge and economy. Being a signatory to WTO’s multi-lateral agreements on Intellectual Property Rights, the government of Pakistan has set up multiple organizations to combat counterfeiting and piracy. Federal Board of Revenue FBR, through the office of the Directorate General of Intellectual Property Rights-Enforcement (IPRE) has taken significant strides to stem the inflow of counterfeit products in Pakistan by building collaborative partnerships with different stakeholders inside and outside Pakistan and by facilitating right holders to lodge complaints with Customs authorities for protection of their Intellectual property rights.

With these comprehensive measures and policy interventions in place we are committed to fulfill the international obligations which mandate us to safeguard global citizens.

Copyright Business Recorder, 2021