472. Australia thanks the LDC Group for its proposal and appreciates the deep importance of this issue. We recognise the challenge LDCs face in tackling disease and illness, including in our own region. We welcome discussions had today and yesterday and the ongoing efforts of the LDC Coordinator and Focal Point to engage Members on this issue.
473. While an outcome today may not be possible, we hope we, as a Council, can move efficiently toward an outcome that responds to the unique position of LDC Members while continuing to recognise the role intellectual property can play as a tool for supporting innovation, investment and development.