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EFTA-SINGAPORE
EFTA-Singapore FTA&EIA
 Interactive trade indicators

Technical notes for performance indicators
Performance Indicators :
Member Countries

EFTA Singapore

Free Trade Agreement between the EFTA States and Singapore

Status : Signed in 2002 .  In force since 2003
Scope : Country - Bloc
Type : FTA & EIA
WTO Notification : GATT Art XXIV, GATS Art V 2003
Agreement text : 
http://www.efta.int/free-trade/free-trade-agreements/singapore.aspx
Other links : 
http://www.efta.int/~/media/Documents/legal-texts/free-trade-relations/singapore/EFTA-Singapore%20Free%20Trade%20Agreement.pdf
WTO consideration process : 
http://rtais.wto.org/rtadocs/65/RelatedDocuments/Factual%20Abstract/English/EFTA-Singapore(G)_W.doc
GOODS
Tariffs
Positive list of products covered, but with exceptions
Tariff elimination by signing of the agreement
2-year revision of the
Rules of Origin
Change in tariff classification not considered
Value added, 50% for some products
Some products have to go through a specific process to be considered originating
Contingency Measures
   Anti - Dumping : Not allowed, should be solved through consultation.
   Countervailing Duties : n.a.
   Safeguards : For one year only, extendable to 3.

Standards : Subject to WTO Agreement on SPS
Notes:
SERVICES
WTO Notification (GATS Art. V)Notified
       Date of notification 14/01/2003

       Consideration Process : Under Consideration


Liberalization ApproachPositive Lists

Modes Covered
Cross-border supply (Mode1)
Consumption abroad (Mode2)
Commercial presence (Mode3)
Presence of natural persons (Mode4)

Specific Chapters on
Financial services

Specific Sectors Excluded
Air transport

Public Sectors carve-out : GATS-like (Article I:3(b))

Most Favoured Nation : Binding

National Treatment : Binding

Market Access : Binding

Domestic Regulation : Binding but subject to legitimate expectations (GATS-like)

Subsidies covered by services disciplines : Covered

Denial of benefits for commercial presence :
          n.a


Notes :
          


Link to schedules :
INVESTMENT
Scheduling ApproachNegative Lists

Definition of investmentCovers portfolio investment

Most Favoured Nation : Binding
                           Economic integration exception to MFN

National Treatment : Binding
                           NT provision applies to entry and establishment rights

Fair and Equitable Treatment : Not Featured
                           
Expropriation : Binding
                           
Board of Directors and executive personnel : Not Featured

Invester - State arbitration :

Denial of Benefits :
          n.a


Additional BIT exists between the parties :
          BIT list I :
                    Status: No data available
          BIT list II :
                    Status: No data available

Notes :
          


Link to schedules :
TRADE FACILITATION
Customs procedures : No
Customs valuation : No
Trade regulations publication and administration (transparency) : No
E-Commerce / Paperless trade : No
Cooperation in trade facilitation : No
OTHER AREAS
Government Procurement : Yes
Investment : Yes Asset based-open list: includes FDI, portfolio investment and various forms of tangible and intangible property.
Competition Policy : Yes
Intellectual Property : Yes Substantive and procedural obligations. Very broad coverage.See more in Sec VII, Annex XII of the Agreement.
Dispute Settlement : Yes Ad-hod arbitration. Parties cannot block panels. Appointment of panelist by WTO if parties fail to appoint.
Labor Mobility : No
Labor and Environmental Standards : No
Technical cooperation : No
Institutional mechanism : No
Notes:
Agriculture is dealt with in bilateral agreements.
RULES OF ORIGIN
Cumulation
Full
Specific Process
Required for most products
Heading Change
Not mentioned
De Minimis
n.a
Minimum Content
50% for a number of products
Drawback
n.a
Http Link
Notes
See Annex I
EFTA-SINGAPORE
EFTA-Singapore FTA&EIA

Member Countries
EFTA
Singapore
Total: 2 countries

Free Trade Agreement between the EFTA States and Singapore

Status : Signed in 2002 .  In force since 2003
Scope : Country - Bloc
Type : FTA & EIA
WTO Notification : GATT Art XXIV, GATS Art V 2003
Agreement text : 
http://www.efta.int/free-trade/free-trade-agreements/singapore.aspx

Other links : 
http://www.efta.int/~/media/Documents/legal-texts/free-trade-relations/singapore/EFTA-Singapore%20Free%20Trade%20Agreement.pdf

WTO consideration process : 
http://rtais.wto.org/rtadocs/65/RelatedDocuments/Factual%20Abstract/English/EFTA-Singapore(G)_W.doc
GOODS
Tariffs
Positive list of products covered, but with exceptions
Tariff elimination by signing of the agreement
2-year revision of the

Rules of Origin
Change in tariff classification not considered
Value added, 50% for some products
Some products have to go through a specific process to be considered originating

Contingency Measures
Anti - Dumping : Not allowed, should be solved through consultation.
Countervailing Duties : n.a.
Safeguards : For one year only, extendable to 3.

Standards : Subject to WTO Agreement on SPS

Notes:


SERVICES
WTO Notification (GATS Art. V)Notified
Date of notification : 14/01/2003
Consideration Process : Under Consideration

Liberalization ApproachPositive Lists

Modes Covered
Cross - Border Supply : Yes
Consumption Abroad : Yes
Commercial Presence Abroad : Yes
Movement of Natural Persons : Yes

Specific Chapters on
Financial services : Yes
Specific Sectors Excluded
Air transport : Yes
Public Sectors carve-out : GATS-like (Article I:3(b))

Most Favoured Nation : Binding

National Treatment : Binding

Market Access : Binding

Domestic Regulation : Binding but subject to legitimate expectations (GATS-like)

Subsidies covered by services disciplines : Covered

Denial of benefits for commercial presence :
n.a


Notes:

Link to schedules :

INVESTMENT
Scheduling ApproachNegative Lists

Definition of investmentCovers portfolio investment

Most Favoured Nation : Binding
Economic integration exception to MFN : Yes

National Treatment : Binding

NT provision applies to entry and establishment rights : Yes

Fair and Equitable Treatment : Not Featured


Expropriation : Binding


Board of Directors and executive personnel : Not Featured

Invester - State arbitration : Yes

Denial of Benefits :
n.a


Additional BIT exists between the parties :Yes

BIT list I :
Status: No data available
BIT list II :
Status: No data available

Notes :


Link to schedules :

TRADE FACILITATION
Customs procedures : No
Customs valuation : No
Trade regulations publication and administration : No
Use of ICT : No
Mobility of business people : No
Freedom of transit : No
Transport and logistics : No
Trade finance : No

OTHER AREAS
Government Procurement : Yes
Investment : Yes Asset based-open list: includes FDI, portfolio investment and various forms of tangible and intangible property.
Competition Policy : Yes
Intellectual Property : Yes Substantive and procedural obligations. Very broad coverage.See more in Sec VII, Annex XII of the Agreement.
Dispute Settlement : Yes Ad-hod arbitration. Parties cannot block panels. Appointment of panelist by WTO if parties fail to appoint.
Labor Mobility : No
Labor and Environmental Standards : No
Technical cooperation : No
Institutional mechanism : No

Notes:
Agriculture is dealt with in bilateral agreements.


RULES OF ORIGIN
Cumulation
Full
Specific Process
Required for most products
Heading Change
Not mentioned
De Minimis
n.a
Minimum Content
50% for a number of products
Drawback
n.a
Http Link

Notes
See Annex I
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