Course summary Singapore Australia Free trade agreement
The Singapore
-
Australia Free trade agreement entered into force in 2003
Main benefits of the Singapore - Australia Free trade agreement
- Elimination of all import tariff. All products exported will be able to
benefit from zero-tariff treatment.
- Restrictions on banking licenses.
- Less requisites on creation of
joint ventures
- Removal of residency requisites.
- Agreement to facilitate Paperless foreign trade.
The Free trade agreement Singapore Australia covers: foreign trade in products and services, Foreign direct investment, tariff reduction,
rules and certificate of origin ...
Foreign trade between
Singapore and Australia.
The Republic of Singapore is the biggest trade and investment partner of Australia in the Association of Southeast Asian
Nations ASEAN region
and the 6th biggest trade partner of Australia.
Australia ranked 8th among principal product
exports destinations of
the Republic of Singapore and 17th among its
principal product import sources in 2009.
Product exports of Australia to the Republic of Singapore: 4.8 billion USD
in 2010 (9th biggest export market). Imports from the Republic of Singapore: 10.7 billion
USD
(5th biggest source).
Services are a important part of foreign trade, with
services exports of Australia to the Republic of Singapore valued at 2.6 billion USD (6th biggest export market) and
imports at 3.5 billion USD (3rd biggest source) in 2010.
Singapore Australia Free trade agreement
Master Singaporean students - Master Australian students
(Es): Singapur Australia
.
