ISDS Case Map
Singapore
Singapore and the European Union inked a digital trade agreement designed to provide greater clarity and legal certainty for businesses on both sides to transact online more seamlessly.
A free trade agreement has entered into force for Singapore, Chile and Peru, three of the five partner countries in the Pacific Alliance-Singapore FTA.
The agreement will provide greater access to Latin American markets for Singaporean companies, particularly in industries such as infrastructure, professional services, digital trade, and agri-food.
Singapore’s Foreign Minister Vivian Balakrishnan revealed that Sri Lanka, Bangladesh, and Hong Kong are interested in joining the Regional Comprehensive Economic Partnership (RCEP), which currently has 15 members after India withdrew due to concerns over its trade imbalance with China.
In response to Trump’s moves, Australian Prime Minister’s government is now trying to revive a free-trade agreement with the European Union and woo countries from Indonesia to India to the United Arab Emirates.
The Council adopted the decision on the signature of the Digital Trade Agreement with Singapore. It also preliminarily backed the decision on the conclusion of the agreement, pending the European Parliament’s consent.
Digital trade agreements should not prevent enforcement of workers’ rights or indeed the improvement of working conditions.
The EU-Singapore Digital Trade Agreement is the first EU trade deal focused solely on digital trade. While it aims to strengthen online consumer protections, some provisions could put fundamental rights at risk.
The European Commission has presented its digital trade agreement with Singapore to the Council, seeking authorisation for its signature.
Sri Lanka has decided to proceed with its existing free trade agreement (FTA) with Singapore, despite a previous suspension. The decision is based on policy continuity, with some tariff reductions already implemented.
