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India - Singapore Closer Economic Partnership

Area of Cooperation

Goods, Services (air services, e-commerce, media and education) Investment, Intellectual Property, Dispute Settlement, Trade Facilitation, Labor Mobility

Sign Date

January 1, 2005

In Force Date

December 31, 1969

Summary

India's first Closer Economic Partnership Agreement was signed with Singapore in 2005 after thirteen rounds of negotiations. The agreement is also the first comprehensive bilateral agreement that Singapore has entered with a south Asia economy. A key feature of the Agreement is the avoidance of double taxation agreement. This prevents double taxation of an income earned by a resident of one member country in another member country.
http://app.fta.gov.sg/data//fta/file/India-Singapore Comprehensive Economic Cooperation Agreement.pdf

Scope

                                                               i.      Bilateral

 
Rules of Origin

                                                              i.      Change in tariff heading at the 4-digit level

                                                             ii.      Minimum content 40%

                                                            iii.      No specific process required

 
Contingency

                                                               i.        Anti - Dumping : Allowed

                                                             ii.         Countervailing Duties : following WTO

                                                            iii.         Safeguards : Allowed

 
News/Studies

                                                               

  i.      “More import duty concessions to Singapore under FTA” http://www.ris.org.in/dp45_pap.pdf

ii.       India, Singapore complete CECA review” (http://www.zeenews.com/znnew/articles.asp?aid=285720&ssid=50&sid=BUS)

                                                                iii.      Singapore – India Relations: CECA and Beyond”     http://www.saag.org/papers15/paper1493.html

                                                                iv.      “Possibility of Close Economic Cooperation between India and Singapore  http://www.ris.org.in/dp45_pap.pdf

 

                                                           

 
Additional Links

                                                               i.      http://commerce.nic.in/india_rta.htm#h2

                                                             ii.      http://www.iesingapore.gov.sg/wps/wcm/connect/resources/file/ebb1544ebc0d5cf/CECA_India_infokit.pdf?MOD=AJPERES

                                                            iii.  http://www.iesingapore.gov.sg/wps/portal/!ut/p/kcxml/04_Sj9SPykssy0xPLMnMz0vM0Y_QjzKLN4g3C_UHSYGY5oFm-pFoYo4YImah3phiIWEIMV-P_NxU_SB9b_0A_YLc0NDQiHJHAK3BmkI!/delta/base64xml/L3dJdyEvd0ZNQUFzQUMvNElVRS82XzBfNlVR