What are the Potential Benefits of Including Nanotechnology in TTIP?
1. Economic Growth: By reducing trade barriers and harmonizing standards, the TTIP can stimulate economic growth in the nanotechnology sector. Companies can more easily access new markets, leading to increased sales and investment. 2. Innovation Acceleration: Collaboration between European and American companies can lead to faster innovation cycles, enabling the rapid development and commercialization of new nanotechnology applications. 3. Job Creation: Increased investment in nanotechnology can create high-skilled jobs in both the EU and the US, boosting employment in sectors such as research, engineering, and manufacturing. 4. Regulatory Harmonization: The TTIP can help align regulatory frameworks, reducing compliance costs and simplifying the approval process for nanotech products. This can facilitate smoother market entry and reduce time-to-market for new technologies.
