H.E. Ambassador Dr Lansana GBERIE

Indonesia

14 INTELLECTUAL PROPERTY AND INNOVATION: ROLE OF IP TO RAISE FINANCE FOR START-UPS

548.   Indonesia would also like to thank the proponents for their presentations to today, as well as the submissions, and also the side event that was held yesterday, we found it very useful and very informative as well. We note the importance of this issue, as well as its complexities. We also note that IP and Innovation is also an issue that is very much the focus of many discussions at Word Intellectual Property Organization. As such, noting the evolving nature of the issue, as well as taking lessons from yesterday in which we have many standing agenda where there were further interventions from Members. We are not ready at the moment to agree to the standing agenda of this issue at the TRIPS Council.

The Council took note of the statements made.

84. The Chair said this item had been put on the agenda at the request of the delegations of Australia, Canada, Chile, the European Union, Japan, Singapore, Switzerland, the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu, the United Kingdom, and the United States of America. These delegations had also submitted a communication on this topic, circulated in document in order to allow Members to prepare for today's discussion.
85. The representatives of Switzerland; Japan; the United States of America; Australia; Canada; Chinese Taipei; Singapore; the European Union; the United Kingdom; Chile; Hong Kong, China; Uruguay; Mexico; Switzerland; South Africa; India; China; and Indonesia took the floor.
86. The Council took note of the statements made.

IP/C/M/106, IP/C/M/106/Add.1