Singapore-Australia Free Trade Agreement

Syllabus of the Subject: Singapore-Australia Free Trade Agreement (FTA)

1. Introduction to the Free Trade Agreement (FTA) between Australia and Singapore
2. Foreign Trade in Goods, Services, and Investment
3. Rules of Origin

Sample: Singapore-Australia Free Trade Agreement (FTA)

Description: Singapore-Australia Free Trade Agreement (FTA).

The Singapore-Australia Free Trade Agreement (FTA) entered into force in 2003.

The main benefits of the Singapore-Australia Free Trade Agreement (FTA) are:

1. Elimination of all the import tariffs
2. All the exported products will be able to benefit from a zero-tariff treatment
3. Restrictions on banking licences
4. Fewer requisites on joint ventures creation
5. Residency requisites removal
6. Agreement to facilitate the foreign trade paperless

The Singapore-Australia Free Trade Agreement (FTA) covers:

1. Foreign Trade in products and services
2. Foreign Direct Investment (FDI)
3. Tariff Reduction
4. Rules and certificate of origin

Foreign trade between Singapore and Australia.

1. The Republic of Singapore is the largest trade and investment partner of Australia in the Association of Southeast Asian Nations (ASEAN) region and sixth largest trading partner of Australia
2. Australia ranked eighth among the principal export product destinations of the Republic of Singapore and 17th among its primary import product sources
3. Exported products from Australia to the Republic of Singapore: 4.8 billion dollars (the ninth largest export market)
4. Imports from the Republic of Singapore: 10.7 billion dollars (the fifth-largest source)
5. Services are a significant part of the foreign trade, with the Australian service exports to the Republic of Singapore valued at 2.6 billion dollars (the sixth largest export market) and imports at 3.5 billion dollars (the third largest source)

The Singapore-Australia Free Trade Agreement (FTA) is an inter-civilisation agreement between Oceania (Western-Christian Civilisation) and Sinic Civilisation.

1. Australian Free Trade Agreements (FTA): APEC, New Zealand, United States, Chile, India, ASEAN, Gulf Cooperation Council, Indian-Ocean Rim Association, Comprehensive and Progressive Agreement for Trans-Pacific Partnership...
2. Singaporean Free Trade Agreements: ASEAN (Australia, Canada, China, India, European Union, Japan, Korea, Russia, Pakistan), APEC, China, Jordan, India, Japan, Korea, New Zealand, Panama, Peru, EFTA, United States...