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Ministry of Energy, Trade and Industry
Free Trade Agreements/Partnerships

Türkiye-Singapore Free Trade Agreement (TRSFTA)

The Türkiye-Singapore Free Trade Agreement (TRSFTA) entered into force in 2017 and is Türkiye’s first comprehensive and broad-based FTA.

About the Türkiye-Singapore Free Trade Agreement (TRSFTA)

The TRSFTA entered into force in 2017 and is Türkiye’s first comprehensive and broadbased FTA. It is also the first of Singapore’s FTAs with a simple Rule of Origin for Asian processed products that makes it easier for exporters to enjoy preferential tariffs, and the first of Türkiye’s FTAs with an Electronic Commerce Chapter.

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Then-Prime Minister Lee Hsien Loong and Turkish President Recep Tayyip Erdoğan shaking hands ahead of the signing of the Türkiye-Singapore Free Trade Agreement (TRSFTA) in Türkiye, 14 November 2015.

Key Features of the TRSFTA

Tariff Elimination and Improved Market Access

  • 91% of Singapore’s originating exports now enjoy tariff free access into Türkiye since the TRSFTA entered into force. This coverage is set to rise to 95% in 2027.

  • The Rules of Origin that factor in Singapore’s unique regional supply chain and local production processes benefit Singapore’s exports of products such as: electronics, pharmaceuticals, chemicals and processed food.

  • Singapore exporters can claim for preferential tariff treatment on a self-certification basis. This saves time and cuts administrative costs.

Trade in Services

Singapore’s services companies benefit from enhanced market access to Türkiye’s services market in areas such as construction services and distribution services, among others.

Greater Customs Facilitation

Increased efficiency and predictability for exporters in the areas of transparency and advance rulings.

Electronic Commerce

Under the TRSFTA, businesses and consumers benefit from: (i) Electronic transmissions that are free from customs duties; (ii) non-discriminatory treatment of digital products; and (iii) protection of personal information.

Government Procurement Opportunities

(i) Non-discriminatory treatment when bidding for government projects in all 30 of Türkiye’s metropolitan municipalities in key services sectors of interest to Singapore such as construction, telecommunication, sewage and refuse disposal, sanitation and similar services; and (ii) summary notices of government procurement projects will be published in English.

Investment Opportunities and Protection

Singapore investors can: (i) enjoy non-discriminatory treatment across a range of sectors including retail and construction services; (ii) enjoy protection and security, such as against unlawful expropriation without compensation; and (iii) freely conduct capital transfers.