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.