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  SINGAPORE AND CHINA SIGN FREE TRADE AGREEMENT,23 October, 2008  
  CHINA-SINGAPORE FTA (CSFTA) - MEDIA INFO-KIT,23 October, 2008  
  Singapore and Peru sign FTA,29 May, 2008  
  ASEAN and Japan complete signing of Comprehensive Economic Partnership Agreement (AJCEP),14 April, 2008  
 
 
FTAs are superhighways that connect Singapore to major economies and new markets. With FTAs, Singapore-based exporters and investors stand to enjoy a myriad of benefits like tariff concessions, preferential access to certain sectors, faster entry into markets and Intellectual Property (IP) protection.

As an integral part of Singapore's trade architecture, our network of 13 FTAs is designed to position Singapore as an integrated manufacturing center in this region; promote research & development in our knowledge-based economy and drive the services hub.

Tap onto the Singapore's FTA Network and rethink the way you do business today.
 

IE Singapore is currently collecting feedback for ASEAN-EU FTA negotiations and we would like to hear from you. To submit your feedback online, please click here.
 
 
The ASEAN Free Trade Area (AFTA) was initiated in 1992. The Common Effective Preferential Tariff (CEPT) Scheme, which came into effect in 1993 is the main mechanism through which tariffs are reduced in ASEAN. In the Agreement, ASEAN agreed to reduce tariffs to 0-5% over 15 years.
 
 
 
 
By and large, AFTA remains on track. Currently for ASEAN-6, 99.7% of tariff lines in the IL stands at 0-5% tariffs, while 65% of items on the IL stand at zero tariffs. For CLMV, 90.6% of products traded in the region have been moved into the AFTA scheme of which 76.86% of these items have been brought down within the 0-5% tariff band.
 
 

 

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Last Reviewed 01 Mar 2008