227.   We wish to congratulate and welcome the co-sponsors of document IP/C/W/691. We understand that the proposal is in the direction that the TRIPS Council should take so that the private sector, which is the final user of IP rights, can benefit from our work. We would like to call the attention of Members on a matter of interest with concrete outcomes, visible to our entrepreneurs. At the end of the document, there are a series of questions to guide the debate. Paragraph 8(f) contains the question "what are some ways to raise awareness of IP licensing as a tool for revenue generation for small businesses, inventors, and artists?" 228.   We are starting to discuss these issues in the Informal Working Group on MSMEs , here at the WTO; and WIPO is developing a network with UNCTAD, ITC and the WTO to assist entrepreneurs to monetize their IP assets. This would be one of the themes during the WIPO General Assemblies and there will be a specific event on MSMEs and IP monetization, at WIPO on 1 November. This could lead to synergies with the work of this Council.