Sunday, 17 November 2024, 09:37:23 pm


 
Chairman IPO-Pakistan emphasizes centrality of IP in Pakistan's progress
November 17, 2024

The Intellectual Property Organization of Pakistan hosted a seminar at Sindh Agriculture University, Tandojam to discuss the recent WIPO Treaty on Genetic Resources, Associated Traditional Knowledge and other IP-related matters.

The purpose of seminar is to raise awareness about the importance of intellectual property rights in promoting innovation and economic growth in Pakistan.

Speaking on the occasion, Chairman IPO-Pakistan Farukh Amil emphasized the centrality of IP in Pakistan's progress and its attractiveness to foreign investors in a rules-compliant country.

The WIPO Treaty on Genetic Resources and Associated Traditional Knowledge aims to enhance the efficacy, transparency, and quality of the patent system regarding genetic resources and traditional knowledge associated with genetic resources.

The treaty establishes a disclosure requirement for patent applicants who base their inventions on genetic resources and associated traditional knowledge.