Trade AgreementsView All
Korea - Singapore Free Trade Agreement
Area of Cooperation
Goods, Services, Government Procurement, Investment, Intellectual Property, Dispute Settlement, Trade Facilitation, Labor and Environmental Standards, Capacity Building
January 1, 2005
In Force Date
December 31, 1969
The “Korea - Singapore Free Trade Agreement“ will allow all Korean exports to enter tariff-free to Singapore. The Korean market will also be opened to various Singapore services. Singapore will support Korea’s expansion into ASEAN while Korea will provide a bridge for Singapore to enter Northeast Asia.
|Rules of Origin|
i. Waive the requirement for a certificate of origin for low-value originating goods
ii. An advance ruling on the eligibility of originating goods for preferential tariffs and tariff classification.
i. Anti - Dumping: Although the KSFTA allows for the continued use of anti-dumping measures under the Trade Remedies Chapter, the provisions have been tightened to limit the amount of AD duties that may be imposed.
ii. Countervailing Duties : Within WTO
ii. “Trade and Visitors Up Since Singapore-Korea FTA” http://english.chosun.com/w21data/html/news/200703/200703020007.html