Hasan EDIT

You might also like

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 2

1.

1) Treaties:
Bangladesh offers the most congenial investment regime in South Asia. According to Industrial Policy
2016, Bangladesh welcomes foreign private investment in all areas of the economy and there is no
restriction on the amount of share of the investment. Foreign investors are eligible to take advantage of a
wide range of generous tax concessions and other fiscal incentives and facilities.

 Foreign investment in Bangladesh is secure vis-à-vis nationalization and expropriation.

 The Foreign Private Investment (Promotion and Protection) Act 1980 ensures full protection to
foreign investors.

 Furthermore, Bangladesh is a signatory to MIGA, OPIC, ICSID, WAIPA, WIPO and WTO.

 Bangladesh also has signed bilateral investment treaties with 32 countries for promotion and
protection of investment: Austria, DPR Korea, Thailand, Belgium, Republic of Korea, UK, Canada,
Malaysia, USA, China, Pakistan Uzbekistan, France, Poland, Vietnam, Germany, Romania, Singapore,
Indonesia, Switzerland, Denmark, Iran, The Netherlands, India, Italy, The Philippines, UAE, Japan,
Turkey, and Belarus.

 Bangladesh has signed Avoidance of Double Taxation Treaty (DTT) with 28 countries: Canada,
Poland, Norway, China, Romania, Turkey, Denmark, Singapore, Vietnam, France, Republic of Korea,
Philippines, Germany, Sri Lanka, Indonesia, India, Sweden, Switzerland, Italy, Thailand, Oman, Japan,
The Netherlands, Malaysia, UK.

 Bangladesh has also signed multilateral and regional treaties such as APTA, BIMSTEC, IORA,
SAPTA, SAFTA, SAFAS, COMCEC, TPS-OIC, Preferential Trade with D-8 Countries etc. to
conveniently access market and investment opportunities.
 In addition Bangladesh has signed trade agreements with 45 countries for trade facilitation among
the countries.

1.2) Safety of workers:


It is estimated that over 11,000 workers suffer fatal accidents and a further 24,500 die from
work related diseases across all sectors each year in Bangladesh. It is also estimated that a
further 8 million workers suffer injuries at work – many of which result in permanent
disability. Although little research has taken place in Bangladesh, it is internationally
recognized that most occupational deaths and injuries are entirely preventable, and could
be avoided if employers and workers took simple initiatives to reduce hazards and risks at
the workplace.

1.5) Ownership:
For foreign direct investment in Bangladesh, there is no limitation pertaining to foreign equity
participation, i.e. 100 percent foreign equity is allowed.
According to the terms and conditions of Uber Bangladesh Limited, the services and all rights
therein are and shall remain Uber’s property or the property of Uber’s licensors. Neither these
terms nor use of the services convey or grant the drivers any rights:

(i) in or related to the services except for the limited license granted above;
(ii) to use or reference in any manner Uber’s company names, logos, product and
service names, trademarks or services marks or those of Uber’s licensors.

1.6) Protection of Intellectual property rights:


It appears that Uber’s main strategy in protecting its intellectual property is through the use of
utility patent protection. As the issued patents are almost exclusively relating towards business
method patents, Uber runs the risk that it will lose its protections if faced with a lawsuit, even
after it has disclosed its methods to the public through the patents.

Uber has also received extensive protection for its logos, app icons and app designs. Uber has
also registered for trademark protection of the various designs included in the icon. By
registering for this narrowing protection, Uber is maximizing its trademark portfolio by protecting
its icon on various levels. This allows for Uber to obtain the maximum amount of protection for
its icon because different aspects of the icons are protected.

Uber has also obtained design patent protection for its user interfaces. However, Uber will
possibly be able to invoke common law trade dress protection after the expiration of design
patents. After the expiration of the design patents, Uber may be able to sue any competitors
attempting to utilize Uber’s user interfaces under a trade dress method of protection. However,
as Uber is continually filing utility and design patent applications, it is likely that, by the end of
the current design patent term, Uber will have changed the design of its user interfaces and will
file for design protection for newer versions of the interface.

It is not explicitly apparent that Uber has filed for copyright protection for any of its intellectual
property. Uber has issued several videos online. These videos and other ads produced by Uber
would be protectable under common law copyright protection if they are not registered with the
United States Copyright Office.

You might also like