Singapore-New Zealand Free Trade Agreement

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

1. Introduction to the New Zealand-Singapore Free Trade Agreement (FTA)
2. Closer Economic Partnership between New Zealand and Singapore
3. Foreign Trade in Goods, Services, and Investment between New Zealand and Singapore
4. Benefits to Exporters
5. Rules of Origin

Sample: New Zealand-Singapore Free Trade Agreement (FTA)

Description: Singapore-New Zealand Free Trade Agreement (FTA).

The Singapore-New Zealand FTA entry into force in 2001.

The objectives of the New Zealand-Singapore Free Trade Agreement are:

1. To strength the bilateral relationships and trade between New Zealand and Singapore through the establishment of a closer economic partnership
2. To liberalise the foreign trade in products and services and improve the Foreign direct investment (FDI)
3. To support the liberalisation process in the Asia-Pacific Economic Cooperation and support the World Trade Organisation
4. To improve the efficiency and competitiveness of the export products and services sectors of New Zealand and Singapore and expand the foreign trade and foreign direct investment
5. To achieve the equitable treatment and protection to the bilateral investments between New Zealand and Singapore

The main benefits of the New Zealand-Singapore Free Trade Agreement (FTA) are

1. The FTA will eliminate all the import tariffs
2. The tested electrical and electronic equipment in Singapore will not require a second testing if exported to New Zealand
3. New Zealand and Singapore wish to liberalise many services sectors (professional services, financial services, and environmental services)

Foreign Trade New Zealand-Singapore.

1. Total trade between New Zealand and Singapore is increasing (NZD 2.8 billion)
2. Imports from Singapore to New Zealand: NZD 1.914 billion
3. Exports of New Zealand to Singapore: NZD 690 million
4. The Republic of Singapore is a significant foreign direct investment source (FDI) in New Zealand

NOTE: See also the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) among Brunei Darussalam, Chile, New Zealand, and Singapore.

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

1. New Zealander Free Trade Agreements: Australia, China, India, Thailand, APEC, ASEAN, Pacific Islands Forum, Oceania Customs Organisation, Trans-Pacific Agreement...
2. Singaporean Free Trade Agreements: ASEAN (Canada, China, India, European Union, Japan, Korea, Russia, Pakistan), Indian-Ocean Rim Association, Australia, China, Jordan, India, Japan, Panama, Peru, EFTA, United States, APEC...