1. The Council shall:
(a) monitor and facilitate the implementation of the reconciliation obligations set out in Article 1408(1);
(b) act as an effective forum for consultations toward further reconciliation of regulatory and standards-related measures; and
(c) prepare an annual report on its progress under paragraphs (a) and (b).
2. The Council may:
(a) consider and discuss matters relating to the implementation, operation and further elaboration of this Chapter;
(b) serve as a forum for the exchange of views of the Parties on the implications of proposed measures and for developing a consensus on common approaches to trade-related issues or problems to which this Chapter applies;
(c) establish any committees, working groups or expert groups that it considers necessary or advisable to fulfil the intent of this Chapter; and
(d) delegate any of its duties or responsibilities under this Chapter to a committee established by the Council.