are treaties which make trade and investment between 2 or more economies easier. International business is now simpler with Singapore's network of over 22 implemented agreements
FTAs are legally binding international treaties between two or more trading partners that seek to promote trade by reducing barriers to trade in goods, services and investments.
With Singapore being an open trading economy, a vast majority of imports already enter Singapore tariff-free. FTAs serve to benefit Singapore exporters most, in particular those in the following categories:
Businesses face unique situations according to their industry dynamics. As such, FTAs may benefit some businesses more than others.
You may not need to leverage on FTAs if:
In keeping pace with an ever-changing global landscape, the scope of our FTAs is expanding to include more issues of interest to businesses, such as e-commerce, intellectual property rights, competition, government procurement and dispute settlement.