Syllabus of the Subject: New Zealand-Singapore Free Trade Agreement
Introduction to the New Zealand-Singapore Free Trade Agreement;
Closer Economic Partnership between New Zealand and Singapore;
Foreign Trade in Goods, Services, and Investment between New Zealand
and Singapore;
Benefits to Exporters;
Rules of Origin.
New Zealand-Singapore Free Trade Agreement (FTA)
The Subject “Singapore-New Zealand Free Trade Agreement (FTA)” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:
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;
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 are.
The FTA will eliminate all the import tariffs;
The tested electrical and electronic equipment in Singapore will not require a second testing if exported to New Zealand;
New Zealand and Singapore wish to liberalize many services sectors (professional services, financial services, and environmental services).
Foreign Trade New Zealand-Singapore.
Total trade between New Zealand and Singapore is increasing (NZD 2.8 billion);
Imports from Singapore to New Zealand: NZD 1.914 billion;
Exports of New Zealand to Singapore: NZD 690 million;
The Republic of Singapore is a significant foreign direct investment source (FDI)
in New Zealand.