Includes the barriers (tariff and non-tariff) that U.S. companies face when exporting to this country.
Singapore also restricts the import and sale of non-medicinal chewing gum. For social and/or environmental reasons, it levies high excise taxes on distilled spirits and wine, tobacco products, and motor vehicles.
Services barriers include sectors such as pay TV, audiovisual and media services, licensing of online news websites, legal services, banking, and cloud computing services for financial institutions. Details can be found in the USTR Report on Foreign Trade Barriers that is available online.
As of April 1, 2019, the Singapore Agri-Food and Veterinary Authority (AVA) restructured to form the Singapore Food Agency (SFA) and the Singapore Animal and Veterinary Service (AVS). SFA is under the Ministry of Sustainability and the Environment and oversees all food-related matters including food safety and security. AVS is under the National Parks Board (NParks) and oversees all non-food related animal, plant, and wildlife management matters.
Although SFA largely follows internationally accepted, science-based regulatory standards, including OIE and Codex guidelines, the agency continues to implement a few stringent import protocols that negatively impact trade with the United States.
SFA currently only allows nine of the 41 antimicrobial washes (i.e. pathogen reduction treatments or PRTs) used in the United States. This restriction is particularly trade inhibiting as one of the most widely used and internationally accepted PRTs in the U.S. meat producing industry (hypobromous acid) is still not approved in Singapore. FAS Singapore and industry are working closely with SFA on the approval of additional PRTs in Singapore. As for U.S. pork and pork products, SFA requires U.S. fresh and chilled pork products to be tested for trichinae even though it is extremely rare to find it in U.S. commercial swine due to stringent U.S. biosecurity protocols. The trichinae testing is both expensive and time consuming, and thus creates a barrier to trade. Additionally, meat imports are frequently visually inspected and subjected to time consuming testing for a range of food hazards such as chemical contaminants (e.g., pesticide residues and drug residues such as antibiotics), and microbial contaminants (e.g., bacteria such as E. Coli, Salmonella and Listeria) despite a broad range of highly transparent contaminant safeguards already being in place in the United States prior to export.
In May 2020, SFA removed and simplified previously excessive requirements and procedures that affected frozen/chilled meat products and processed beef and offal. SFA removed the timeframe requirements for frozen and chilled meat and meat products. Previously, U.S. meat/meat products suppliers had to meet the strict timeframe requirements depending on the number of months after slaughter/manufacture and the product type, thus limiting the time after slaughter/manufacture a meat product could enter Singapore. SFA also simplified the procedures and conditions for U.S. suppliers intending to export processed beef and offal to Singapore. Previously, U.S. suppliers of processed beef and offal were required to go through an onerous registration and approval process for each product with SFA. This registration and approval process were in addition to, but separate from, the Agricultural Marketing Service (AMS) beef Export Verification (EV) program requirement for Singapore. While U.S. meat suppliers no longer have to meet these requirements, they must continue to be in compliance with SFA’s Veterinary Import Conditions. It was reported that the initiatives were taken to streamline trade and ensure national food security. For the details, please visit USDA website https://gain.fas.usda.gov/ for the GAIN report on the removal of the timeframe requirements for imported meat products, and on the new simplified processed beef and offal export protocol to Singapore.
There are no restrictions on foreign ownership of business in Singapore, except for national security reasons and areas such as air transportation, public utilities, newspaper publishing, and shipping. Singapore is an open economy and encourages trade and investment into the country.