Free Trade Agreements/Partnerships
Agreement between New Zealand and Singapore on a Closer Economic Partnership (ANZSCEP)
The upgraded ANZSCEP builds upon the original Agreement by improving the trade rules to bring it in line with newer Free Trade Agreements to which Singapore and New Zealand are parties.
Agreement between New Zealand and Singapore on a Closer Economic Partnership (ANZSCEP)
Then-Prime Minister Lee Hsien Loong hosted then-New Zealand Prime Minister Jacinda Ardern on her official visit to Singapore in 2019.
The Agreement between New Zealand and Singapore on a Closer Economic Partnership (ANZSCEP), which entered into force on 1 January 2001, was Singapore’s first and New Zealand’s second bilateral FTA. Negotiations for the upgraded ANZSCEP were launched in June 2017 under the trade and economics pillar of the Singapore-New Zealand Enhanced Partnership, and were concluded on 17 August 2018.
Singapore and New Zealand have upgraded the Agreement between New Zealand and Singapore on a Closer Economic Partnership (ANZSCEP) on 17 May 2019.
The upgraded ANZSCEP builds upon the original Agreement by improving the trade rules to bring it in line with newer Free Trade Agreements to which Singapore and New Zealand are parties. It will incorporate some of the most flexible and trade facilitative rules of origin among Singapore’s free trade agreements and the shortest release times for goods and expedited shipments. It also includes two new chapters on E-Commerce and Regulatory Cooperation.
More Resources
Link to the key Features of the Upgraded ANZSCEP (opens in new tab)