The Council deliberates on and coordinates the following matters:
- Formulation and change of the master plan for national IP and its action plans.
- Review and evaluation of the master plan and its action plans.
- Matters concerning the direction of distribution and efficient management of financial resources related to intellectual property.
- Policies for promoting the creation, protection and utilization of intellectual property and for creating foundations thereof.
- Other matters deemed necessary by Co-Chairperson of the Council.