![Pakistan lost Rs800 billion due to IPR violations last year – OICCI OICCI CSR](https://i0.wp.com/paknewsbulletin.com/wp-content/uploads/2024/04/Untitled-7.webp?resize=600%2C400&ssl=1)
Pakistan lost Rs800 billion due to IPR violations last year – OICCI
Effective protection of intellectual property rights [IPR] is essential for attracting and retaining FDI [Foreign Direct Investment]. According to the OICCI IPR Survey 2023, infringements resulted in a loss of up to Rs800 billion to the national exchequer last year alone. Companies too reported a total loss of 20% of their turnover due to these…