Rawalpindi, April 13, 2023 (PPI-OT): Chair IPO-Pakistan Farrukh Amil, accompanied by Director (Enforcement) Mr. Muhammad Ismail and Assistant Director (Human Resource) Mr. Aitizaz Khan, called on the President, Rawalpindi Chamber of Commerce and Industry (RCCI), Mr. Saqib Rafiq. The meeting also included Mr. Hamza Sarosh, Senior Vice President RCCI.
Chair IPO-Pakistan elaborated on the role of IPO-Pakistan and the importance of Intellectual Property (IP) for businesses and investors’ confidence. He highlighted the relevance of IP in the development of a vibrant private sector and stressed that if IP is not effectively protected and if Pakistan did not secure what was rightfully its, other countries and international corporations would encroach and claim these profitable ideas and ventures for themselves.
While subscribing to the Chair’s views, the President RCCI underlined that IP culture does not feature among typical Pakistani businesses as they lack awareness of IP in general. Chair IPO-Pakistan gave examples of other Asian countries that had transformed their traditional inward-looking businesses which were focused mostly on the local markets and diversified to profitable export-oriented businesses created through a societal embrace of innovation and usage of readily available IP tools.
With the necessary IP awareness, national legislation, effective enforcement and accession to the relevant international IP treaties, Pakistan would be able to boost international investors’ confidence.
The President RCCI underscored that the RCCI members represented a diverse community of businesses, both large and SME’s. Against that backdrop, Chair IPO-Pakistan proposed comprehensive yet customized briefings on IP to the President RCCI and its diverse members either at IPO or at RCCI. The President RCCI welcomed the proposal.
For more information, contact:
Intellectual Property Organization of Pakistan (IPO)
IPO Islamabad
G-5/2 G-5, Islamabad, Islamabad Capital Territory
Phone: +92 51 9245830-2
Email: info@ipo.gov.pk
Website: www.ipogov.pk