WASHINGTON: The US on Thursday issued its annual report on the status of intellectual property maintaining Pakistan presence on the Priority Watch List in its annual report along with India and China.
Emphasis is placed on Pakistan’s ability to implement the specialized intellectual property rights under the IPO Act 2012.
The report states, “Pakistan should ensure that its enforcement officials can exercise ex officio authority without the need for a formal complaint by a rights holder and should provide for deterrent-level penalties for criminal IPR infringement.”
The report noted that Pakistan’s efforts in the pharmaceutical industry- applauding protection against unfair commercial use …read more
Source: Pakistan Today
