158. The Chairman informed the Council that, pursuant to the second annual review of developed country Members' implementation of Article 66.2 that the Council had taken up at its meeting in December 2004, the European Communities had provided further information to supplement its earlier report. This information concerned relevant activities of the European Investment Bank (IP/C/W/431/Add.3/Suppl.1).
159. Turning to the arrangements for the Council's third review under the decision on the "Implementation of Article 66.2 of the TRIPS Agreement", he recalled that paragraph 1 of the Decision provided that developed country Members should submit annually reports on actions taken or planned in pursuance of their commitments under Article 66.2. To this end, they were obliged to provide new detailed reports every third year and, in the intervening years, provide updates to their most recent reports. These reports had to be submitted prior to the last Council meeting scheduled for the year in question. Paragraph 3 of the Decision determined the information that had to be provided in these reports. The first set of detailed annual reports under the Decision had been presented to the Council's meeting in November 2003, and the first set of updates to the Council's meeting in December 2004. Therefore, this year developed country Members were obliged to submit updates to these reports prior to the Council's end of year meeting, that had been scheduled for 25-26 October. As was provided in paragraph 2 of the Decision, the Council shall review these updates at that meeting.
160. Accordingly, he suggested that developed country Members be requested to submit a second set of updates to the reports they had provided in 2003 on actions they had taken or planned in pursuance of their commitments under Article 66.2 by 30 September, i.e. about three weeks before the meeting, in order to allow their timely circulation and review at the Council's meeting in October.
