About this agreement
Key benefits
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Enhanced market access- Enhanced market access for Asian food products made in Singapore, such as lap cheong (dried Chinese sausage) and sambal ikan bilis (spicy crispy anchovies). These can enter the EU tariff-free under flexible Rules of Origins, up to a combined quota of 1,250 tonnes annually.
- Enhanced market access for service providers, professionals and investors, and creates a level playing field for businesses in each other’s markets, including through certain sectors’ specific rules on non-discrimination and transparency. The agreement covers a wide range of service sectors including financial services, professional services, computer and related services, research and development, business services, telecommunication services, environmental services, and tourism and travel-related services.
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Removed technical barriers to tradeUnnecessary technical barriers to trade (TBT) for Singapore and EU exporters which sometimes make it difficult for companies to sell their products in different markets will be removed. A wide range of sectors in both the EU and Singapore will benefit, such as electronics, motor vehicles and vehicle parts, pharmaceuticals, renewable energy, as well as meat and meat products.
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Enhanced access to city-level and municipal-level government procurement (GP) opportunitiesCompanies that will benefit include those with strengths in computer-related services, telecommunications services, land transport services, maintenance and repair services, sewage and refuse disposal, and architecture and engineering services.
Eligibility
Use the Tariff Finder to see if your product is eligible to enjoy this FTA's tariff concessions.
Alternatively, you can explore the following steps to check your eligibility.
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Your product’s preferential rateIf your product’s HS code is included in the Tariff Schedule of the EU, the respective staging categories (3, 5, or X) apply to the elimination of customs duties. Otherwise, the customs duty will be eliminated upon entry into force of the EUSFTA.
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Your product’s rule of origin
Rules of origin are a set of criteria which determine a product's originating status in each respective FTA.
It is put in place to ensure that only goods originating from the FTA partner countries will benefit from tariff concessions.
Is your product obtained/produced entirely within Singapore? 
Your product is considered wholly obtained in Singapore 
Product Specific Rules apply Learn more. Is your product obtained/produced entirely within Singapore?
Your product is considered wholly obtained in Singapore Product Specific Rules apply Learn more. Please refer to Annex B of Protocol 1 for the Product Specific Rules.
For goods affected by HS 2022 transposition (with effect from 1 Jan 2023)
Please refer to Annexes 1, 2 and 3 of Decision No 01/2022: Annex B, B(a) and D to Protocol 1 respectively to obtain information on the updated HS codes and product descriptions.
Apply
Under the EUSFTA, the exporter shall submit a statement of declaration on the invoice, or any other commercial document which certifies that the goods qualify as originating goods for their import into the EU. The origin declaration shall contain the text and details as set out in Annex E of Protocol 1 of the legal text, and must describe the goods in sufficient detail to enable their identification by the importing customs authority. Statements on origin will no longer have to bear exporters’ original signatures in manuscript. This can help to reduce the number of steps/processing for exporters, especially those who use declaring agents for their export processes.
Resources
Need additional help?
European Union – Singapore Free Trade Agreement (EUSFTA)
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