The Overseas Investors Chamber of Commerce and Industry (OICCI) reported that intellectual property violations are costing Pakistan approximately Rs. 430 billion annually in lost revenue and taxes, according to its latest IPR Survey.

About 60% of OICCI members believe IP rights are partially protected and need improvement, with trademark violations being the most common infringement. Most IP disputes take over three years to resolve, with limited support from law enforcement agencies.

The survey recommends legal reforms, enhanced inter-agency coordination, and targeted enforcement actions. Nauman Aslam, Director-General of IPO-Pakistan, stressed the need for strong IPR protection to support economic growth.

M. Abdul Aleem, Secretary General of OICCI, urged the government and its agencies to address significant revenue losses and collaborate with the private sector to foster a more secure business environment in Pakistan.