Bicol Pili included in the Intellectual Property Geographical Indication (GI) list: DTI
January 17, 2012 // admin // Business
LEGAZPI CITY, Jan. 17 (PNA) — The Bicol Pili nut will soon be included in the list of Philippine food product registered with the Intellectual Property Office Philippines (IPOPHL), the Department of Trade and Industry (DTI) in Bicol said on Tuesday, today.
The registration of “Bicol Pili” is part of the agency’s developmental approach in the use of industrial property for the total development of the pili nut industry here, Jocelyn Berango DTI spokesperson said.
Under the IPOPHL Geographical Indication (GI) it identifies a product that originates from a given territory or a region, it is also a sign used on goods that have a specific geographical origin and possess qualities or a reputation that are due to that place of origin.
Berango said a geographical indication consists of the name of origin of the goods, citing as an example is the famous Champagne the wine product is used exclusively for French Wines in the champagne province of France.
GI is a powerful intellectual and economic asset not only of the region but also of the nation as it leverages products to compete globally.
As a valuable marketing tool in today’s global economy, the department’s move towards GI for “Bicol Pili” aims to promote and protect pili nut in the local and international markets.
This dynamic instrument leads to wider market reach including trade negotiations between and among economies.
Corollary, as pili is indigenous to Bicol, it is also important to build an institution from a cross section of stakeholders of the pili industry, which will eventually own the “Bicol Pili”.
The DTI with IPOPHL will conduct on Tuesday a Forum on Geographical Indication (GI) for “Bicol Pili” this would give stakeholders and entrepreneurs vital inputs in the promotion, development and protection of Bicol Pili. (PNA)
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