Business community demand gi tag for Pakistani products.
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.
If one country receives the GI tag, then other countries are either barred from selling the same brand in the international market or receive lower prices for it. Now that Pakistan has also applied for the Basmati GI tag, it is expected that both countries...
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