The United States and Singapore signed a Free Trade Agreement (FTA) on May 6, 2003, which entered into force on January 1, 2004. Since 2004, exports from the United States through 2008 increased 73 percent, with steady growth in exports of medical devices, machinery, and construction equipment. The United States and Singapore meet annually to review the implementation of the FTA and to seek to resolve outstanding trade issues.
The U.S.-Singapore FTA Opportunity Report summarizes the key market access outcomes of the agreement (covering industrial goods, textiles, services and government procurement). This information is meshed with insight from ITA’s industry specialists and the results Manufacturing and Services’ best prospects analysis.