The separate investment protection agreement must also be approved individually by each EU member state. For the free trade agreement to enter into force, the EU (parliament and council) and Singapore must ratify the agreement. On 13 February 2019, the European Parliament approved both the free trade agreement and the investment protection agreement, and the free trade agreement is expected to enter into force as soon as possible. [7] [9] The EU-Singapore Free Trade Agreement (an acronym for THE EUSFTA) is a free trade agreement signed and ratified between the European Union and Singapore. [1] [2] Bilateral free trade and investment agreements between the European Union and Singapore. The EEA has been under negotiation since March 2010 and its text has been available to the public since June 2015. [3] Negotiations on goods and services were concluded in 2012 and on investment protection on 17 October 2014. [4] Exclusion of responsibility: the eu-Singapore trade and investment negotiations are over and the legal review of the texts is complete. The text of the EU-Singapore trade agreement, presented on this website, is published exclusively for informational purposes. The agreement contained in this document is not binding under international law and will not be binding until each party has completed the internal legal procedures necessary for the agreement to enter into force. Also available in other languages (please use Firefox or Chrome) Preamble In October 19 2018, three agreements were signed between the parties, the EU-Singapore trade agreement, the EU-Singapore investment protection agreement and the framework partnership and cooperation agreement. [5] [6] The agreement was approved by the European Parliament on 13 February 2019. [7] On November 8, 2019, it was announced that the agreement will enter into force on November 21, 2019.

This comes after the Council of the European Union approved the agreement. [1] The agreement is supposed to be the first free trade agreement with a member of the Association of Southeast Asian Nations and the third with an Asian country after South Korea and Japan from the EU`s point of view. Singapore is the EU`s 14th largest trading partner. According to an opinion of the European Court of Justice (ECJ) in Luxembourg, the initial AEE was a so-called joint agreement. The opinion was requested by the European Commission, which asked whether the EU institutions were the only ones entitled to conclude the agreement without the Member States being contracting parties. [8] The Court`s opinion led the European Commission to divide the agreement into a free trade agreement and an investment protection agreement. CHAPTER 6: Customs and Trade Facilities CHAPTER 7: Non-tariff barriers and investments in renewable energy production CHAPTER 8: Services, Establishment and E-Commerce CHAPTER 3: Trade Barriers CHAPTER 4: Technical Barriers to Trade 2: In terms of adjudicators` compensation Understanding 1: Regarding specific space restrictions or access to Singapore`s natural resources , find out more about each EU country`s exports to Singapore.