How Can Countries Facilitate Cross Border Trade in Nanotechnology?
To enhance cross border trade in nanotechnology, countries can adopt the following measures:
Harmonization of Regulations: Aligning regulatory frameworks can make it easier for companies to navigate international markets. Bilateral and Multilateral Agreements: Such agreements can facilitate smoother trade by addressing tariffs, IP rights, and safety standards. Investment in Research and Development (R&D): Supporting R&D can foster innovation and create products that are competitive in the global market. Public-Private Partnerships: Collaborations between government bodies and private companies can accelerate the commercialization of nanotechnology.
