Why are Trade Agreements Important for Nanotechnology?
Trade agreements are crucial for the growth and development of nanotechnology because the field is inherently interdisciplinary and requires resources and expertise from various sectors and regions. By establishing a framework for cooperation, these agreements help in:
Reducing Costs: Lowering tariffs and other trade barriers can make nanotechnology products more affordable. Fostering Innovation: International collaboration can accelerate research and development. Ensuring Quality Standards: Harmonizing regulations can ensure that products meet high standards globally.
