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NEW ZEALAND-SINGAPORE
New Zealand-Singapore FTA&EIA
 Interactive trade indicators

Technical notes for performance indicators
Performance Indicators :
Member Countries

New Zealand Singapore

Agreement between New Zealand and Singapore on a Closer Economic Partnership

Status : Signed in 2000 .  In force since 2001
Scope : Bilateral
Type : FTA & EIA
WTO Notification : GATT Art XXIV, GATS Art V 2001
Agreement text : 
http://docsonline.wto.org/imrd/gen_redirectsearchdirect.asp?RN=0&searchtype=browse&query=@meta_Symbol%22WT/REG127/1%22&language=1&ct=DDFEnglish
Other links : 
http://www.mfat.govt.nz/Trade-and-Economic-Relations/2-Trade-Relationships-and-Agreements/Singapore/Closer-Economic-Partnership-Agreement-text/index.php
WTO consideration process : 
http://rtais.wto.org/rtadocs/78/RelatedDocuments/Factual%20Abstract/English/New%20Zealand-Singapore%20(G)_W.doc
GOODS
Tariffs
tariff elimination by the signing of the agreement

Rules of Origin
No change in tariff heading necessary
Value added percentage: minimum 40%
No specific manufacturing process necessary
Contingency Measures
   Anti - Dumping : WTO rules, with more strict requirements
   Countervailing Duties : Not allowed.
   Safeguards : Not Allowed

Standards : Mutual and unilateral recognition and harmonization of standards
Notes:
SERVICES
WTO Notification (GATS Art. V)Notified
       Date of notification 04/09/2001

       Consideration Process : Factual Presentation issued


Liberalization ApproachPositive Lists

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

Specific Chapters on

Specific Sectors Excluded

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

Most Favoured Nation : Not featured

National Treatment : Binding

Market Access : Binding

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

Subsidies covered by services disciplines : Not covered

Denial of benefits for commercial presence :
          n.a


Notes :
          According to Annex2.1(schedule of commitments: New Zealand), this list adopts a loose "Negative List" approach.


Link to schedules :
INVESTMENT
Scheduling ApproachNegative Lists

Definition of investmentCovers portfolio investment

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

Fair and Equitable Treatment : Not Featured
                           
Expropriation : Not Featured
                           
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:
          BIT list II :
                    Status:

Notes :
          This parties may withhold their consent to investor-state arbitration. (See Article 34.2)


Link to schedules :
TRADE FACILITATION
Customs procedures : Yes Article 10, 11 and 13 of the Agreement
Customs valuation : No
Trade regulations publication and administration (transparency) : No
E-Commerce / Paperless trade : Yes Article 12 of the Agreement
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 intagible property.
Competition Policy : Yes
Intellectual Property : No
Dispute Settlement : Yes Ad-hoc arbitration. Parties cannot block panels. Appointment of panelist by WTO if parties fail to do so.
Labor Mobility : No
Labor and Environmental Standards : No
Technical cooperation : No
Institutional mechanism : No
Notes:
Agreement is open to any other WTO member
RULES OF ORIGIN
Cumulation
Bilateral
Specific Process
Last manufacturing process
Heading Change
n.a.
De Minimis
n.a.
Minimum Content
At least 40% EXW
Drawback
n.a.
Http Link
Notes
Alternative condition: Cost of Quality Control/Check is more than 50% of finished good value.
NEW ZEALAND-SINGAPORE
New Zealand-Singapore FTA&EIA

Member Countries
New Zealand
Singapore
Total: 2 countries

Agreement between New Zealand and Singapore on a Closer Economic Partnership

Status : Signed in 2000 .  In force since 2001
Scope : Bilateral
Type : FTA & EIA
WTO Notification : GATT Art XXIV, GATS Art V 2001
Agreement text : 
http://docsonline.wto.org/imrd/gen_redirectsearchdirect.asp?RN=0&searchtype=browse&query=@meta_Symbol%22WT/REG127/1%22&language=1&ct=DDFEnglish

Other links : 
http://www.mfat.govt.nz/Trade-and-Economic-Relations/2-Trade-Relationships-and-Agreements/Singapore/Closer-Economic-Partnership-Agreement-text/index.php

WTO consideration process : 
http://rtais.wto.org/rtadocs/78/RelatedDocuments/Factual%20Abstract/English/New%20Zealand-Singapore%20(G)_W.doc
GOODS
Tariffs
tariff elimination by the signing of the agreement


Rules of Origin
No change in tariff heading necessary
Value added percentage: minimum 40%
No specific manufacturing process necessary

Contingency Measures
Anti - Dumping : WTO rules, with more strict requirements
Countervailing Duties : Not allowed.
Safeguards : Not Allowed

Standards : Mutual and unilateral recognition and harmonization of standards

Notes:


SERVICES
WTO Notification (GATS Art. V)Notified
Date of notification : 04/09/2001
Consideration Process : Factual Presentation issued

Liberalization ApproachPositive Lists

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

Specific Chapters on
Specific Sectors Excluded
Public Sectors carve-out : GATS-like (Article I:3(b))

Most Favoured Nation : Not featured

National Treatment : Binding

Market Access : Binding

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

Subsidies covered by services disciplines : Not covered

Denial of benefits for commercial presence :
n.a


Notes:
According to Annex2.1(schedule of commitments: New Zealand), this list adopts a loose "Negative List" approach.

Link to schedules :

INVESTMENT
Scheduling ApproachNegative Lists

Definition of investmentCovers portfolio investment

Most Favoured Nation : Binding

National Treatment : Binding

NT provision applies to entry and establishment rights : Yes

Fair and Equitable Treatment : Not Featured


Expropriation : Not Featured


Board of Directors and executive personnel : Not Featured

Invester - State arbitration : Yes

Denial of Benefits :
n.a


Additional BIT exists between the parties :No

BIT list I :
Status:
BIT list II :
Status:

Notes :
This parties may withhold their consent to investor-state arbitration. (See Article 34.2)


Link to schedules :

TRADE FACILITATION
Customs procedures : Yes Article 10, 11 and 13 of the Agreement
Customs valuation : No
Trade regulations publication and administration : No
Use of ICT : Yes Article 12 of the Agreement
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 intagible property.
Competition Policy : Yes
Intellectual Property : No
Dispute Settlement : Yes Ad-hoc arbitration. Parties cannot block panels. Appointment of panelist by WTO if parties fail to do so.
Labor Mobility : No
Labor and Environmental Standards : No
Technical cooperation : No
Institutional mechanism : No

Notes:
Agreement is open to any other WTO member


RULES OF ORIGIN
Cumulation
Bilateral
Specific Process
Last manufacturing process
Heading Change
n.a.
De Minimis
n.a.
Minimum Content
At least 40% EXW
Drawback
n.a.
Http Link

Notes
Alternative condition: Cost of Quality Control/Check is more than 50% of finished good value.
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