ASTEP includes a high-quality Investment chapter which sets out clear rules based on international best practices. This will facilitate the increase in investment flows between Singapore and Chinese Taipei by seeking to remove barriers to market access. At the same time, investors and investments from Singapore and Chinese Taipei are ensured protection with a framework of disciplines which also recognizes and respects the right of both sides to regulate.
These disciplines, which are subject to exceptions listed in the Services-Investment schedules of ASTEP, include:
In addition, the chapter contains disciplines to ensure that Singapore investors and investments are protected by balanced rules such as: