Ministers` statement on the Travel and Public Health Agreement, which reaffirms the General Council`s decision of 7-8 February 2000 (WT/GC/M/53), that the mandated review of the TRIPS Agreement should include the impact of the agreement on the trade and development prospects of developing countries; 7 The TRIPS COUNCIL is open to all WTO members and is the body responsible for managing the TRIPS agreement and, in particular, monitoring the functioning of the agreement, www.wto.org/english/tratop_e/trips_e/intel6_e.htm 1. Fukuda-Parr and Treanor (2017) „Trade agreements and political leeway for universal health care (SDG 3.8),“ draft discussion paper of the Development Policy Committee↩ The most obvious benefit of the waiver is that companies can produce the drug they want, drastic cost reductions and improved availability. The 1911 Bangladesh Patent Act would be contrary to the TRIPS agreement in several respects, not least because it is only protected for 16 years by patent law, not for the required 20 years. For plant and animal varieties, there is no patent protection; Mandatory licences may be introduced by organizations other than the government; and foreign patents can be terminated after four years if the product is not also manufactured domestically. 64 The COOPERATION agreement between the WTO and WIPO of 22 December 1995 provides WIPO with legal and technical assistance and technical cooperation within the framework of TRIPS. See the text of the agreement on www.wto.org/english/tratop_e/trips_e/intel3_e.htm 33 „Bangladeshi Factory Deaths Spark Action among High-street Clothing Chains“, The Guardian, www.guardian.co.uk/world/2013/jun/23/rana-plaza-factory-disaster-bangladesh-primark 35In the WTO framework, the concluding principle presented by Cottier aims to give additional flexibility to the international system, thus conditioning the implementation of WTO rules to the overcoming of a number of graduation constraints found. In view of social and economic development, it could also correspond to the degree of competitiveness of the industries and sectors concerned.43 Countries that fall below a chosen threshold would be entitled to exceptions44.44 The threshold could be used to define the application of an agreement or rule specific to a particular industry in a country.45 It is an attempt to set the threshold for pharmaceutical patents under the TRIPS agreement in Bangladesh.