The Singaporean government has taken on a very active programme of FTA negotiations, further deepening its position as a business hub of Southeast Asia. It has signed bilateral deals with New Zealand (2000), Japan (2002), EFTA (2002), Australia (2003), the US (2003), Jordan (2004), the quadrilateral Pacific 4 (2005), India (2005), Korea (2005), Panama (2006), Peru (2008), China (2008), Qatar (2008), the Gulf Cooperation Council (2008) and Costa Rica (2010). Negotiations with Mexico, Canada, Colombia, SACU, Egypt, Ukraine, Pakistan and Sri Lanka are ongoing. There has been talk of further FTAs with Iran and Morocco.
Additionally, Singapore is part of the ASEAN bloc which is currently working towards an FTA with the EU, India, and Australia/New Zealand, as well as full implementation of the deal with China.
last update: May 2012
Photo: tobiwei/CC BY-NC 2.0