Farukh Amil, Chairman, Intellectual Property Organization of Pakistan (IPO-Pakistan) said that SMEs should get better awareness about the protection and enforcement of patents, copyrights, and trademarks to avoid counterfeiting and piracy of their products and flourish their business at the national and international level. He said this while addressing an awareness session on intellectual property rights organized by the Islamabad Chamber of Commerce and Industry in collaboration with IPO-Pakistan for the business community.
Farukh Amil briefed the business community about the role of IPO-Pakistan in nurturing an enabling IP environment through its initiative to promote businesses, creativity, and innovation. He said that the lack of an IP culture and weak IP enforcement are major
challenges that need to be overcome and added that IPO-Pakistan is working to place Pakistan on the global IP map as a compliance and responsible country through increased public awareness, practice, and enforcement.
He said that adherence to global standards on IP, through international treaties and societal practices will enhance Pakistan’s reputation as a business and investment-friendly country. He said that SMEs should benefit from the services of IPO-Pakistan for better protection of their patents, copyrights, and trademarks. Speaking on the occasion, Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry said that SMEs are the backbone of the economy and IPO-Pakistan should further simplify the IP registration processes.—INP
