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Singapore

The Singaporean government has taken on a very active programme of FTA negotiations, further deepening its position as a business hub of Southeast Asia. It has signed bilateral deals with New Zealand (2000), Japan (2002), EFTA (2002), Australia (2003), the US (2003), Jordan (2004), the quadrilateral Pacific 4 (2005), India (2005), Korea (2005), Panama (2006), Peru (2008), China (2008), Qatar (2008), the Gulf Cooperation Council (2008) and Costa Rica (2010). Negotiations with Mexico, Canada, Colombia, SACU, Egypt, Ukraine, Pakistan and Sri Lanka are ongoing. There has been talk of further FTAs with Iran and Morocco.

Additionally, Singapore is part of the ASEAN bloc which is currently working towards an FTA with the EU, India, and Australia/New Zealand, as well as full implementation of the deal with China.

last update: May 2012
Photo: tobiwei/CC BY-NC 2.0


Singapore, South America customs union Mercosur launch free trade negotiations
Singapore and the South American customs union Mercosur have started negotiations for a free trade agreement.
Singapore deepens ties with Kenya, Rwanda
Deputy Prime Minister Tharman Shanmugaratnam meets their govt leaders, discusses ways to boost cooperation in various areas.
Singapore, Kenya ink two pacts to boost investment flows
Singapore and Kenya signed two agreements yesterday, a Bilateral Investment Treaty (BIT) and an Agreement for the Avoidance of Double Taxation (DTA), to promote greater investment flows.
Singapore, India to cut tariffs on 30 more products after trade pact review
Singapore and India will reduce or remove tariffs on a further 30 products, improve rules of origin and facilitate mutual recognition of nursing standards following the second review of the Comprehensive Economic Cooperation Agreement (CECA) between the two countries.
Vivian Balakrishnan, Wang Yi stress importance of upholding free trade
Singapore’s Foreign Affairs Minister Vivian Balakrishnan met his Chinese counterpart Wang Yi in Beijing on Sunday, with both reaffirming bilateral ties and stressing the importance of upholding free trade.
Singapore-EU to push ratification of free trade deal this year
Singapore and European Union (EU) have committed to facilitate the ratification of their trade and investment deal by the end of 2018 and push its entry into force soon thereafter.
Singapore calls on ASEAN to enhance economic integration
Singapore’s Minister for Trade and Industry (Trade) Lim Hng Kiang said on Thursday all ASEAN members must keep pursuing deeper economic integration and liberalization so that citizens can enjoy the benefits of their collective community efforts.
Singapore to sign free trade agreement with Sri Lanka
Singapore will sign a free trade agreement (FTA) with Sri Lanka this week - its 13th bilateral deal and, significantly, its first since the Trans-Pacific Partnership (TPP) faced a setback last year when the United States withdrew from it.
Tall order as Singapore takes Asean chair: The Nation
Singapore has assumed the ASEAN 2018 chair. Prime Minister Lee Hsien Loong has announced that his theme for the undertaking would be "Resilient and Innovative". It will be challenging for Singapore amidst multilateral trade and the Rohingya calamity in the region.
Singapore takes the hot seat: Steering Asean amid challenges
As Singapore becomes chairman of grouping, it hopes to get members to share common vision on terrorism, climate change and trade.