On November 21, 2019, the EU and Singapore Free Trade Agreement entered into force.
This agreement will remove nearly all remaining tariffs on certain products, simplify customs procedures and set high standards and rules.
The Trade Agreement was signed on October 19, 2018, together with two more agreements (see previous post): the Investment Protection Agreement and the Framework Agreement on Partnership and Cooperation, which have not yet entered into force. The three agreements signify an important step towards increasing the EU’s presence in the fast-growing region of South-East Asia.
