Businessmen demand GI tag for Pakistani products
Products which secure GI tag get better prices in international market
PBC said authorities should allow exporters to acquire tangible and intangible assets abroad for accelerating the growth of exports. PHOTO: REUTERS
KARACHI:
The business community has stressed that similar to Basmati rice, Pakistan needs to apply for geographical indication (GI) tag for other products as well to protect and promote locally produced goods that are popular in the international market.
Recently, Pakistan applied for GI tag to the Intellectual Property Organisation (IPO) after a conflict erupted when the European Union displayed India’s request for GI tag for basmati rice on its website. Basmati is aromatic rice grown in India and Pakistan.
Regions where Basmati is grown was mapped by the IPO following recommendations from all provinces. Reuters/File
LAHORE: Pakistan on Tuesday received the Geographical Indicator (GI) tag for its Basmati, paving the way for creating a local registry for this particular strain of rice and making a case in the world markets for its protection as a Pakistani product.
“I am glad to inform that Pakistan has registered Basmati Rice as Geographical Indication (GI) under Geographical Indications Act 2020. Under this Act, a GI registry has been formed which will register GIs and maintain the basic record of proprietors & authorised users of GI,” Commerce Adviser Abdul Razak Dawood said in a thread on Twitter.
Don t worry, experts say after Pakistan gets GI tag for its own Basmati rice downtoearth.org.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from downtoearth.org.in Daily Mail and Mail on Sunday newspapers.
Pakistan has finally notified the Geographical Indication (GI) Rules strengthening its case against India over safeguarding its claims of basmati rice and Himalayan pink salt.
ISLAMABAD: Pakistan has finally notified the Geographical Indication (GI) Rules strengthening its case against India over safeguarding its claims of basmati rice and Himalayan pink salt.
The rules, prerequisite for any GI claims, will allow Pakistan to fight India in the European Union as the latter asserts that basmati rice is an Indian product. Meanwhile, Pakistan has already challenged India’s claims over the rice.
“Now as the GI Rules have been notified, Pakistan will be able to secure its export markets with legal backing,” a senior official of the Intellectual Property Organisation of Pakistan (IPO-Pakistan) told