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

Technical notes for performance indicators
Performance Indicators :
Member Countries

Singapore United States

United States-Singapore Free Trade Agreement

Status : Signed in 2003 .  In force since 2004
Scope : Bilateral
Type : FTA & EIA
WTO Notification : GATT Art XXIV, GATS Art V 2003
Agreement text : 
http://www.ustr.gov/sites/default/files/uploads/agreements/fta/singapore/asset_upload_file708_4036.pdf
Other links : 
http://www.ustr.gov/trade-agreements/free-trade-agreements/singapore-fta
WTO consideration process : 
http://rtais.wto.org/rtadocs/58/RelatedDocuments/Factual%20Abstract/English/US-Singapore%20(G)_W_Rev.doc
GOODS
Tariffs
Positive list and schedule
Tariff elimination in 10 years at the most (depending on the staging category)
New products/services can be included through negotiation
Rules of Origin
Change in tariff classification
Minimum content between 30-60% depending on the product
No specific process necessary
Contingency Measures
   Anti - Dumping : Allowed under domestic law principles
   Countervailing Duties : Allowed under domestic law principles.
   Safeguards : Allowed, linked to WTO Agreement on Safeguards requirements.

Standards : Enhance cooperation in standards, certification and conformity assessments
Notes:
SERVICES
WTO Notification (GATS Art. V) : Notified
       Date of notification 17/12/2003
       Consideration Process : Under Consideration
Liberalization Approach : Negative Lists

Modes Covered
Cross-border supply (Mode1)
 Consumption abroad (Mode2)
 Presence of natural persons (Mode4)
Specific Chapters on
Financial services
Movement of natural persons
Professional 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 : Non-binding (NAFTA-like)

Subsidies covered by services disciplines : Not covered

Denial of benefits for commercial presence :
          n.a

Notes :
          

Link to schedules :
INVESTMENT
Scheduling Approach : Negative Lists

Definition of investment : Covers portfolio investment

Most Favoured Nation : Binding
                           
National Treatment : Binding
                           NT provision applies to entry and establishment rights
Fair and Equitable Treatment : Binding
                           Clarifying text on FET
Expropriation : Binding
                           Clarifying text
Board of Directors and executive personnel : Binding

Invester - State arbitration :

Denial of Benefits :
          Article 15.11 Denial of Benefits A Party may deny the benefits of this Chapter to an investor of the other Party that is an enterprise of such other Party and to investments of that investor if: (a) investor of a non-Party own or control the enterprise and the denying Party: (i) does not maintain diplomatic relations with the non-Party; or (ii) adopts or maintains measures with respect to the non-Party or an investor of the non-Party that Prohibit transactions with the enterprise or that would be violated or circumvented if the benefits of this Chapter were accorded to the enterprise or to its investments; or (b) the enterprise has no substantial business activities in the territory of the other Party, and investors of a non-Party, or of the denying Party, own or control the enterprise.

Additional BIT exists between the parties :
          BIT list I :
                    Status:
          BIT list II :
                    Status:

Notes :
          

Link to schedules :
TRADE FACILITATION
Customs procedures : Yes Article 4.2, 4.3, 4.4, 4.5, 4.6, 4.7, 4.8, 4.10 and 4.11 of the Agreement
Customs valuation : No
Trade regulations publication and administration (transparency) : Yes Article 4.1 and 4.5 of the Agreement
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 variousforms of tangible and intagible property.
Competition Policy : Yes
Intellectual Property : Yes Substantive and procedural obligations and cooperation. Very broad coverage. See more in Chapter 16 of the Agreement.
Dispute Settlement : Yes Ad-hoc arbitration. Parties can block panels. If not appointed by a party, panelist drawn by lot from a roster.
Labor Mobility : Yes
Labor and Environmental Standards : Yes Annex 17A United States-Singapore Labor Cooperation Mechanism; Chapter 18 : Environment
Technical cooperation : No
Institutional mechanism : No
Notes:
See Annex 2 for the tariff elimination schedules. Chapter 19 on Transparency.
RULES OF ORIGIN
Cumulation
bilateral
Specific Process
Yes
Heading Change
Change in Tariff heading (2,4 or 6 Digit level). And/Or:
De Minimis
10 percent (except in various agric. Products; 7 percent of weight in chs. 50-63)
Minimum Content
At least 30 - 60 %
Drawback
No
Http Link
http://www.fta.gov.sg/fta/pdf/FTA_USSFTA_Agreement_Annex3A.pdf
Notes
-
US-SINGAPORE
US-Singapore FTA&EIA

Member Countries
Singapore
United States
Total: 2 countries

United States-Singapore Free Trade Agreement

Status : Signed in 2003 .  In force since 2004
Scope : Bilateral
Type : FTA & EIA
WTO Notification : GATT Art XXIV, GATS Art V 2003
Agreement text : 
http://www.ustr.gov/sites/default/files/uploads/agreements/fta/singapore/asset_upload_file708_4036.pdf

Other links : 
http://www.ustr.gov/trade-agreements/free-trade-agreements/singapore-fta

WTO consideration process : 
http://rtais.wto.org/rtadocs/58/RelatedDocuments/Factual%20Abstract/English/US-Singapore%20(G)_W_Rev.doc
GOODS
Tariffs
Positive list and schedule
Tariff elimination in 10 years at the most (depending on the staging category)
New products/services can be included through negotiation
Rules of Origin
Change in tariff classification
Minimum content between 30-60% depending on the product
No specific process necessary
Contingency Measures
Anti - Dumping : Allowed under domestic law principles
Countervailing Duties : Allowed under domestic law principles.
Safeguards : Allowed, linked to WTO Agreement on Safeguards requirements.

Standards : Enhance cooperation in standards, certification and conformity assessments

Notes:


SERVICES
WTO Notification (GATS Art. V) : Notified
Date of notification : 17/12/2003
Consideration Process : Under Consideration

Liberalization Approach : Negative Lists

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

Specific Chapters on
Financial services : Yes
 Movement of natural persons : Yes
 Professional 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 : Non-binding (NAFTA-like)

Subsidies covered by services disciplines : Not covered

Denial of benefits for commercial presence :
n.a

Notes:

Link to schedules :

INVESTMENT
Scheduling Approach : Negative Lists

Definition of investment : Covers portfolio investment

Most Favoured Nation : Binding

National Treatment : Binding

NT provision applies to entry and establishment rights : Yes

Fair and Equitable Treatment : Binding

Clarifying text on FET : Yes

Expropriation : Binding

Clarifying text : Yes

Board of Directors and executive personnel : Binding

Invester - State arbitration : Yes

Denial of Benefits :
Article 15.11 Denial of Benefits A Party may deny the benefits of this Chapter to an investor of the other Party that is an enterprise of such other Party and to investments of that investor if: (a) investor of a non-Party own or control the enterprise and the denying Party: (i) does not maintain diplomatic relations with the non-Party; or (ii) adopts or maintains measures with respect to the non-Party or an investor of the non-Party that Prohibit transactions with the enterprise or that would be violated or circumvented if the benefits of this Chapter were accorded to the enterprise or to its investments; or (b) the enterprise has no substantial business activities in the territory of the other Party, and investors of a non-Party, or of the denying Party, own or control the enterprise.

Additional BIT exists between the parties :No

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

Notes :


Link to schedules :

TRADE FACILITATION
Customs procedures : Yes Article 4.2, 4.3, 4.4, 4.5, 4.6, 4.7, 4.8, 4.10 and 4.11 of the Agreement
Customs valuation : No
Trade regulations publication and administration : Yes Article 4.1 and 4.5 of the Agreement
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 variousforms of tangible and intagible property.
Competition Policy : Yes
Intellectual Property : Yes Substantive and procedural obligations and cooperation. Very broad coverage. See more in Chapter 16 of the Agreement.
Dispute Settlement : Yes Ad-hoc arbitration. Parties can block panels. If not appointed by a party, panelist drawn by lot from a roster.
Labor Mobility : Yes
Labor and Environmental Standards : Yes Annex 17A United States-Singapore Labor Cooperation Mechanism; Chapter 18 : Environment
Technical cooperation : No
Institutional mechanism : No

Notes:
See Annex 2 for the tariff elimination schedules. Chapter 19 on Transparency.

RULES OF ORIGIN
Cumulation
bilateral
Specific Process
Yes
Heading Change
Change in Tariff heading (2,4 or 6 Digit level). And/Or:
De Minimis
10 percent (except in various agric. Products; 7 percent of weight in chs. 50-63)
Minimum Content
At least 30 - 60 %
Drawback
No
Http Link
http://www.fta.gov.sg/fta/pdf/FTA_USSFTA_Agreement_Annex3A.pdf

Notes
-
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