About this agreement
The Pacific Alliance-Singapore Free Trade Agreement (PASFTA) is a modern and comprehensive agreement that complements Singapore’s network of FTAs and builds on the existing agreements that Singapore has with the Pacific Alliance (PA) countries, such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Trans-Pacific Economic Partnership (TPSEP or P4), and the Peru-Singapore Free Trade Agreement (PeSFTA). It is also the first FTA between Singapore and Colombia. The PASFTA will enable Singapore companies to enjoy greater market access to the PA, by reducing their export costs so that their goods and services can be priced more competitively.
The PASFTA has been ratified by Singapore, Chile and Peru and entered into force on 3 May 2025.
The PASFTA will enter into force for Colombia and Mexico upon the completion of their ratification procedures.
Key benefits
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 rate
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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.
Apply
Under the PASFTA, exporters will simply need to self-certify that the exported product meets the PASFTA rules of origin criteria to qualify for preferential tariff treatment. There is no standardised format for the self-certification; however, certain minimum data requirements identifying the goods must be fulfilled, as detailed in Annex 4-B Minimum Data Requirements.
Resources
Need additional help?
Pacific Alliance-Singapore Free Trade Agreement (PASFTA)