Ambassador Alfredo Suescum (Panama)

Bangladesh on behalf of Least-developed countries

10 FOLLOW-UP TO THE FOURTEENTH ANNUAL REVIEW UNDER PARAGRAPH 2 OF THE DECISION ON THE IMPLEMENTATION OF ARTICLE 66.2 OF THE TRIPS AGREEMENT

144. We would like to thank the Members who have submitted their reports last year. We see that more and more Members are using the format suggested by the LDCs. For the LDCs technology and innovation are extremely important factors and sincere use of the provisions of Article 66.2 will meet urgent needs in the essential areas of life and development. As we all have adopted the SDGs and we have now the amendment of the TRIPS Agreement based on the Paragraph 6 system, we encourage the development partners to put into use the necessary incentives to their enterprises and institutes so that the equal transfer of technology may take place and the LDCs can have viable technological base to achieve the SDGs and the opportunity provided by the recent amendment of the TRIPS Agreement.

The Council took note of the statement made.

48. The Chairman recalled that, at its meeting in November 2016, the Council had taken up the fourteenth annual review of developed country Members' reports on their implementation of Article 66.2 of the TRIPS Agreement. In concluding the item, the Chairman had indicated that delegations would be provided an opportunity at the present meeting to make further comments on the information submitted for that meeting that they had not yet been able to study.

49. The representative of Bangladesh on behalf of the LDC Group took the floor.

50. The Council took note of the statement made.

IP/C/M/85, IP/C/M/85/Add.1