Singapore has signed numerous free trade agreements (FTAs) in the past years and currently has the most extensive FTA network in Asia. FTAs remove the barriers to trade and investment, thus creating a freer flow of goods, services and people.
Agreements have been signed with key economies such as US, Japan, Australia, New Zealand, members of the European Free Trade Association (Switzerland, Iceland, Liechtenstein and Norway), Jordan, China (under the ASEAN-China framework), Chile (under the Trans-Pacific Strategic Economic Partnership Agreement), South Korea, India and Panama.
Negotiations are in progress for FTAs with Middle East and South Asian economies, including the Gulf Cooperation Council (GCC) and Pakistan. On the regional front as part of ASEAN, Singapore is also engaging in negotiations with Japan, South Korea, India, Australia and New Zealand.
Singapore has signed 35 investment guarantee agreements (IGAs), which help to protect investments made by Singapore-based companies in other countries against non-commercial risks. For more information on the IGAs that Singapore has signed, please contact our Client Services.
As Singapore signs more of these agreements, businesses in Singapore will find it easier to trade with and invest around the world.
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