LAHORE: Intellectual property right is an idea still opaque and elusive in Pakistan. With the electronic media boom copy rights infringements have become a major issue with many intellectual ideas theft and later propagated in other person’s name.

Federal Commerce Minister Khurram Dastgir has announced that all stakeholders are being consulted for the protection of intellectual property rights (IPR) and a final draft in this regard will come to the fore by the end of current year.

Speaking to media after chairing the 3rd Consultative Session of National Intellectual Property Strategy on Monday, he said the strategy was being developed and the seminar was one of its components.

Khan stressed that all measures were being taken to increase the country’s exports, adding Pakistan’s trade with India was being done under the Trade Policy 2012.

Responding to a question about cyber security, he said “following directives of the prime minister, parliament has initiated a legislation process. However, the cybercrime bill has already been passed by parliament last year.”