341. While not necessary to mention, the delegation of Japan recognizes the importance of Article 66.2 of the TRIPS Agreement for LDCs, taking into account their economic, financial and administrative constraints.
342. This delegation understands that incentives to achieve technology transfer include a variety of measures including such as financial support and business infrastructure arrangement and so on, because one of the major obstacles for enterprises and institutions to transfer technologies to LDCs, is lack or insufficiency of sound or comprehensive business environment in LDCs.
343. In particular, a lack or insufficiency of IP systems hinders enterprises and institutions from transferring their technologies to LDCs. Therefore, supporting the business environment of LDCs by strengthening the protection of IP is one of the effective ways to advance technology transfer by enterprises and institutions.
344. In this context, this delegation believes that activities noted in the Japanese Article 66.2 report contribute to creating a sound and viable technological base in LDCs, which will also encourage and bring further technology transfers by enterprises and institutions.
345. This delegation thanks the LDC Group for preparing the room document with ideas of incentives. We need to have time to consider it carefully. Nevertheless, at this moment, we have a general concern that the list might rather limit the implementation of Article 66.2.
346. Japan will continue to make its utmost efforts to improve business environments in LDCs so that they can become even more conducive to transferring technology. This delegation looks forward to meaningful discussions in this Council or the annual workshop designated to the discussion of Article 66.2, as opportunities for working further with LDC Members in this context.