- Unified Standards: By harmonizing standards, multilateral forums make it easier for countries to trade nanotechnology products and services, thereby boosting economic growth. - Enhanced Safety: Collaborative efforts in risk assessment and management help to mitigate potential hazards associated with nanomaterials. - Resource Sharing: Countries can share research facilities, data, and expertise, reducing redundancy and fostering innovation. - Global Reach: Developing countries can benefit from the expertise and technological advancements of more developed nations, helping to bridge the technological gap.