The EU-Singapore FTA (EUSFTA) was the first trade agreement to rely on the EU’s competence in the field of common commercial policy as expanded post-Lisbon. This agreement embraces a wide range of fields, including trade in goods and services, government procurement, intellectual property rights, and investment liberalization and protection.

The EU will remove tariffs on 84% of all Singapore products entering the EU within the first year, and the remaining 16% over a period of 3 to 5 years. Enhanced market access for Asian food products made in Singapore, such as lap cheong (dried Chinese sausage) and sambal ikan bilis (spicy crispy anchovies).

EU Ambassador to  The EFTA States signed a Free Trade Agreement with Singapore in Egilsstaðir, Iceland, on 26 June 2002. The Agreement entered into force on 1 January 2003. 8. EU Trade Policy and GIs. 9. GI Provisions in the EU-Singapore Free Trade Agreement. 10.

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Enhanced market access for Asian food products made in Singapore, such as lap cheong (dried Chinese sausage) and sambal ikan bilis (spicy crispy anchovies). Singapore is one of the 10 members of ASEAN. It is the EU's largest commercial partner in ASEAN, accounting for slightly under one-third of EU-ASEAN trade in goods and services, and roughly two-thirds of investments between the two regions. Over 10,000 EU companies are established in Singapore and use it as a hub to serve the whole South Pacific. Free Trade Agreement Disclaimer: Trade and investment negotiations between the EU and Singapore have been finalised and the legal revision of the texts has been completed.

The two sides reported that  Dec 11, 2016 Abstract Trade policy is among the EU's most significant capabilities in Union Trade Negotiations: the Case of the EU–Singapore FTA. Jun 11, 2019 More importantly, the deal establishes that the geographical indications (GIs) valid in the EU will be also respected in Singapore, guaranteeing  Nov 22, 2019 The EUSFTA is the first FTA concluded between the European Union (“EU”) and an ASEAN country and reflects both parties' steadfast support for  The European Union-Singapore Free Trade Agreement (EUSFTA) is the first FTA between the European Union (EU) and an ASEAN country. Singapore and the EU launched negotiations of the EUSFTA in 2009. The Good and Services negotiations were concluded in 2012, while the investment protection negotiations were concluded in 2014.

6 Apr 2020 The EU is Singapore's third-largest trading partner in goods, accounting for 10 % of its total trade with the world. Singapore is the EU's largest 

Minister-in-charge of Trade Relations S Iswaran has said that the EU-Singapore Free Trade Agreement, once in force, can be a stepping stone towards an EU-ASE An Advocate General of the Court of Justice of the EU (CJEU) has delivered an advisory opinion on the EU-Singapore FTA. In this opinion – which is non-binding on the Court, but would normally influence its decision – AG Sharpston concludes that because the EU alone does not have the required competence to sign and conclude the FTA, the EU and Member States need to act jointly. By contrast to other EU FTAs, in the Singapore FTA, Singapore did not accept to grant automatic recognition and protection to a limited list of key EU GIs. Singapore had no list of its own GIs for which it wanted protection. Moreover, its IP underwent large reforms in 2004 so as to comply with the Singapore-USA FTA. 2017-02-26 · In 2013, the EU and Singapore initialled the text of the FTA, which was structured as an EU-only agreement, without the participation of the Member States. The Commission requested an Opinion from the ECJ under Article 218(11) TFEU with respect to the allocation of competence between the EU and its Member States for the conclusion of the agreement.

11 Jun 2019 Singapore is the only ASEAN country to have signed a free trade agreement ( FTA) with the EU. Moreover, the current EUSFTA is unique in its 

The EU-Singapore trade deal is one of the first 'new generation' bilateral agreements. T he free-trade agreement (FTA) between the European Union and Singapore, which will remove virtually all tariff duties between the EU market and the Southeast Asian powerhouse in the next five years, passed an important hurdle in January. It was approved by the Trade Committee of the European Parliament and once adopted by the plenary of the EU assembly, is expected to enter into force later As Chapter 15 of the envisaged agreement relates to disputes between the European Union and the Republic of Singapore regarding the interpretation and application of that agreement, neither does this opinion cover the issue of the jurisdiction of the Court so far as concerns the settlement of disputes within the European Union relating to the interpretation of EU law (see inter alia, in Given Singapore’s duty-free applied access to goods, the EUSFTA binds Singapore tariffs at 0 for European goods imports. The bulk of the negotiations focused on tariff reductions for the European side. Basically, the EU agreed to reduce its own tariffs to match the levels found in the 2011 EU–Korea FTA within 5 years of entry into force. 2017-02-26 The EU-Singapore FTA has been concluded in 2012 and is in the process of being ratified.

Disclaimer: Trade and investment negotiations between the EU and Singapore have been finalised and the legal revision of the texts has been completed.The text of the EU-Singapore trade agreement presented in this webpage is made public solely for information purposes. 2019-11-20 Singapore’s FTA network includes the following: Bilateral FTAs Regional FTAs 06 22 24 10 08 26 14 30 12 28 16 18 20 China-Singapore Free Trade Singapore businesses will have improved market access to a wider range of services sectors in the EU. Singapore companies can bid for more government procurement projects in the EU. The EFTA States signed a Free Trade Agreement with Singapore in Egilsstaðir, Iceland, on 26 June 2002. The Agreement entered into force on 1 January 2003. The EU will remove tariffs on 84% of all Singapore products entering the EU within the first year, and the remaining 16% over a period of 3 to 5 years. Enhanced market access for Asian food products made in Singapore, such as lap cheong (dried Chinese sausage) and sambal ikan bilis (spicy crispy anchovies).
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2019-02-14 · EU votes in favour of landmark FTA with Singapore Following a majority vote in favour of the European Union-Singapore Free Trade Agreement on Feb 13, the pact can be ratified and entered into On December 10, 2020, the UK signed a free trade agreement (FTA) with Singapore (UKSFTA) and has been in effect since January 1, 2021. Total trade between the UK and Singapore is worth over US$22 billion; the FTA will be the first such agreement with a member of ASEAN.

European Parliament non-legislative resolution of 13 February 2019 on the draft Council decision on the conclusion of the Free Trade Agreement between the European Union and the Republic of Singapore (07971/2018 – C8-0446/2018 – 2018/0093M (NLE)) The European Parliament, The EU will remove tariffs on 84% of all Singapore products entering the EU within the first year, and the remaining 16% over a period of 3 to 5 years. Enhanced market access for Asian food products made in Singapore, such as lap cheong (dried Chinese sausage) and sambal ikan bilis (spicy crispy anchovies). These can enter the EU tariff free under Mr Lee added that Singapore hopes that the agreement will eventually lead to an EU-Asean FTA, enhancing region-to-region connectivity between the EU, the world's largest single market, and Asean The EFTA States signed a Free Trade Agreement with Singapore in Egilsstaðir, Iceland, on 26 June 2002. The Agreement entered into force on 1 January 2003.
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An Advocate General of the Court of Justice of the EU (CJEU) has delivered an advisory opinion on the EU-Singapore FTA. In this opinion – which is non-binding on the Court, but would normally influence its decision – AG Sharpston concludes that because the EU alone does not have the required competence to sign and conclude the FTA, the EU and Member States need to act jointly.

It also contains The EFTA States signed a Free Trade Agreement with Singapore in Egilsstaðir, Iceland, on 26 June 2002. The Agreement entered into force on 1 January 2003. The EU-Singapore Free Trade Agreement (FTA) creates significant opportunities for businesses in both regions by making it easier and cheaper to import and export. All it takes to take advantage of duty-free access is a simple declaration to be added to the commercial invoice. Learn how you could benefit from the EU-Singapore FTA. The EU is Singapore’s third-largest trading partner, with bilateral trade in goods exceeding S$114 billion last year.

relationship including as reflected in the Free Trade Agreement between the European Union and the Republic of Singapore (hereinafter referred to as 

Signed and In Effect Notified to the WTO. GATT; GATSV  8 Nov 2019 EU-Singapore free trade agreement EU Trade Commissioner-designate Phil Hogan and Singapore's Minister-in-charge of trade relations S  3 Dec 2020 Businesses in Singapore and the European Union will soon have a framework to collaborate, under a new agreement.

By contrast to other EU FTAs, in the Singapore FTA, Singapore did not accept to grant automatic recognition and protection to a limited list of key EU GIs. Singapore had no list of its own GIs for which it wanted protection. Moreover, its IP underwent large reforms in 2004 so as to comply with the Singapore-USA FTA. The FTA will lift restrictions in the services sector, where bilateral trade amounted €44.4 billion in 2016. The EU is Singapore’s biggest trading partner in services, while over 10 000 EU companies use Singapore as a hub to serve the whole region. The EU-Singapore trade deal is one of the first 'new generation' bilateral agreements. T he free-trade agreement (FTA) between the European Union and Singapore, which will remove virtually all tariff duties between the EU market and the Southeast Asian powerhouse in the next five years, passed an important hurdle in January. It was approved by the Trade Committee of the European Parliament and once adopted by the plenary of the EU assembly, is expected to enter into force later As Chapter 15 of the envisaged agreement relates to disputes between the European Union and the Republic of Singapore regarding the interpretation and application of that agreement, neither does this opinion cover the issue of the jurisdiction of the Court so far as concerns the settlement of disputes within the European Union relating to the interpretation of EU law (see inter alia, in Given Singapore’s duty-free applied access to goods, the EUSFTA binds Singapore tariffs at 0 for European goods imports. The bulk of the negotiations focused on tariff reductions for the European side.