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Trade Agreements

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European Free Trade Assoc.-Singapore Free Trade Agreement

IcelandIceland
LiechtensteinLiechtenstein
NorwayNorway
SwitzerlandSwitzerland

Area of Cooperation

Goods, Services, Government Procurement, Investment, Competition Policy, Intellectual Property, Dispute Settlement

Sign Date

January 1, 2002

In Force Date

December 31, 1969

Summary

In force since 2003, the Free Trade Agreement between the EFTA States and Singapore encompasses trade in goods, services and investments. EFTA's agreement with Singapore is the most substantive agreement regarding services that EFTA has entered. The agreement allows for both foreign and domestic investments. A joint committee oversees the Agreement.
http://secretariat.efta.int/Web/ExternalRelations/PartnerCountries/Singapore

Scope

                                                               i.      Country - Bloc

 
Rules of Origin

                                                               i.      Change in tariff classification not considered

                                                             ii.      Value added, 50% for some products

                                                            iii.      Some products have to go through a specific process to be considered originating





 
Contingency

                                                               i.      Anti - Dumping: Not allowed, should be solved through     consultation.

                                                             ii.      Countervailing Duties: n.a.

                                                            iii.       Safeguards: For one year only, extendable to 3.

 
News/Studies

                                                               i.      Singapore, EFTA to Launch exploratory talks for FTA” http://findarticles.com/p/articles/mi_m0WDP/is_2001_Feb_12/ai_70506432

 
Additional Links

                                                               i.      http://www.worldtradelaw.net/fta/agreements/eftasingfta.pdf

                                                             ii. http://www.iesingapore.gov.sg/wps/portal/!ut/p/kcxml/04_Sj9SPykssy0xPLMnMz0vM0Y_QjzKLN4g3C_UFSYGY5oFm-pFoYo4YImah3phiIWEIMV-P_NxU_SB9b_0A_YLc0NDQiHJHAAF8_pE!/delta/base64xml/L3dJdyEvd0ZNQUFzQUMvNElVRS82XzBfNlVP