Several strategies can be employed to mitigate the impact of trade barriers on the nanotechnology sector:
1. Harmonizing Standards: International cooperation to harmonize safety and regulatory standards can help reduce barriers and facilitate trade. 2. Trade Agreements: Bilateral and multilateral trade agreements can lower tariffs and quotas, making it easier for nanotechnology products to enter new markets. 3. Intellectual Property Reforms: Streamlining and harmonizing IP laws across countries can make it easier for companies to protect and market their innovations globally. 4. Government Support: Governments can support the nanotechnology sector through subsidies, grants, and other forms of assistance to help companies overcome trade barriers.
