Speakers at a seminar on Saturday said that the adequate protection of Intellectual Property Rights (IPR) is very much essential for ensuring
an innovative society based on creative ideas.
They came up with this statement at a seminar titled “Intellectual Property Rights in Bangladesh” held at the Samson H Chowdhury Centre in Dhaka Club in the capital organized by the Institute of Chartered Secretaries of Bangladesh (ICSB).
Md Abdul Halim, Secretary in Charge of the Ministry of Industries attended the Seminar as the Chief Guest while Mohammad Asad Ullah FCS was in the chair.
Speaking at the programme, Md Abdul Halim said, “IPR-specific key challenges need to be addressed to strengthen Bangladesh’s IP
system which includes the establishment of a strong policy and legal framework.”
“However, Bangladesh neither has a stand-alone IP policy or strategy, nor has integrated it (IPR) into the country’s development strategies. The legal framework is still incomplete, but currently amendment process is going on,” he added.
He stressed for awareness among the entrepreneurs about the IPR.
Mohammad Asad Ullah, in his welcome speech said, “The current market economy is driven by physical resources, innovation and knowledge. Adequate protection of IPRs is an essential tool to ensure
an innovative society based on creative ideas.”
He also urged the government to allow the Chartered Accountants to issue copyright certificate.
“Since the Members of ICSB are professionally fit and competent, ICSB and Department of Patent, Designs and Trademarks may cooperate for mutual benefits. Necessary amendments to the Trade Mark Act and Rules should be made, so that the Chartered Secretary professionals could make better contribution to the national economy,” he added.
Mohammad Sanaullah, the President of the Institute said, “Businesses are now competing with each other on the grounds of IPRs. The CAs should be given authority to issue copyright certificate which is practiced in India.”
“IPRs are essential to achieve market diversification and to shift towards higher value-added products and services,” he added.
He also stated that the Government is losing Tk7000 Crore revenue per year due to the improperness of IPR act.
Md Sanwar Hossain, Registrar (Additional Secretary), Department of Patent, Design and Trademarks (DPDT) and Md Azizur Rahman, Council Member of ICSB presented two Key Note Papers in the seminar.
A lively question and answer session was held at the later part of the CPD programme where the Paper Presenters answered different questions of the participants.
A large number of ICSB members, government officials and journalists of print and electronic media
also attended the seminar among others.