Minutes - TRIPS Council - View details of the intervention/statement

H.E. Ambassador Dr. Lansana GBERIE
12 INTELLECTUAL PROPERTY AND INNOVATION: IP LICENSING OPPORTUNITIES
227.   We wish to congratulate and welcome the co-sponsors of document . 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.
The Council took note of the statements made.
60. The Chair recalled that this item had been put on the agenda at the request of Australia; Canada; the European Union; Hong Kong, China; Japan; Singapore; Switzerland; Chinese Taipei; the United Kingdom; and the United States. A communication with the same title had been circulated (document ).
61. The representatives of the United States; Australia; Uruguay; Singapore; Chinese Taipei; Japan; the United Kingdom; the European Union; Switzerland; Canada; Hong Kong, China; China; Chile; and World Intellectual Property Organization (WIPO) took the floor.
62. The Council took note of the statements made.
IP/C/M/105, IP/C/M/105.Add.1, IP/C/M/105/Corr.1