What are the Challenges in Achieving Harmonization?
Despite the benefits, there are several challenges:
Divergent Regulations: Different countries have varying regulations, making harmonization complex. Technological Advancements: The rapid pace of innovation in nanotechnology can outstrip the speed of regulatory updates. Resource Limitations: Developing countries may lack the resources to implement international standards. Data Sharing: Concerns over intellectual property and competitive advantage can hinder data sharing.