India, Pakistan agree to jointly patent basmati
India, Pakistan agree to jointly patent basmati
India and Pakistan have agreed to jointly file for intellectual property rights over Basmati rice.
Officials of the two countries who met in Islamabad on Tuesday decided to jointly set up a sub-group of experts to discuss the matter and suggest steps for the protective registration of the Basmati brand.
“Basmati rice, from both sides, is an important issue from the international point of view and we should protect our interests,” Indian commerce secretary SN Menon said.
Earlier, there have been cases of attempted infringement over Basmati rights. A US firm had patented three varieties of long-grain rice in 1997 claiming it to be a “novel” Basmati.
India exports about 8.5 lakh tonne of Basmati rice annually and in the current fiscal, the exports are likely to touch one million tonne. Pakistan is expected to export 8 lakh tonne of Basmati in 2006.
More: financialexpress.com
