SICC | Singapore International Chamber Of Commerce | Raffles Quay – The voice of international business in singapore
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21 JUL 2020  |  ISSUE 306

Dear Members and Friends

One of the frustrations government has is it negotiates many Free Trade Agreements (FTAs) which are often not fully utilised by the businesses for which they were negotiated for.

Businesses, on the other hand, do not always provide government with clear statements as to what they need from FTAs. Sometimes there is a clear way to provide a list of needs and sometimes not. A key frustration for businesses is that FTAs are written in legal language which is not always accessible to the lay businessman and businesswoman. They need to be able to decode the FTAs before they can begin to understand and use them.

In an effort to help, the Chamber is delighted to publish plain English guides to the European Union-Singapore Free Trade Agreement (EUSFTA) which is already in force and to the European Union-Vietnam Free Trade Agreement (EVFTA) which will come into force from 1 August 2020.

These two guides have been specially prepared and written for us by our friends at the Asian Trade Centre led by Dr. Deborah Elms. We are making them available to everyone free of charge.

I hope you find the guides useful and, as always, would welcome your constructive comments and suggestions for improvements for future guides.

Click here to download the EUSFTA Guide

Click here to download the EVFTA Guide

Yours faithfully
Victor Mills
Chief Executive
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