118. This is a very important issue in this Council. We believe that Members should be involved in this discussion more constructively. 119. Regarding the substantive issues, China supports amending the TRIPS Agreement so as to ensure the mutual support of the TRIPS Agreement, the CBD and its Nagoya Protocol. 120. As to the issue of disclosure, China, with a majority of Members, has provided detailed suggestions on negotiation modes, improving transparency on genetic resources utilization, preventing the misappropriation of genetic resources and traditional knowledge, and preventing the grant of erroneous patents in two documents TN/C/W/52 and TN/C/W/59. We believe that setting up a reasonable system for prior informed consent and benefit sharing could ensure better protection for genetic resources. 121. As regards the procedure, China hopes that the WTO Secretariat could renew the three factual notes and supports inviting the CBD Secretariat to brief on the Nagoya Protocol. And we believe that the discussion and negotiation in WIPO could not hinder Members to find a solution in WTO.
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