European Union
Singapore and the European Union (EU) share longstanding and robust economic relations. We continue to strengthen economic cooperation through the EU-Singapore Free Trade Agreement (EUSFTA) and the EU-Singapore Digital Trade Agreement (EUSDTA).
Last updated on 12 November 2026
Singapore-EU Economic Relations
Minister-in-charge of Trade Relations Grace Fu and EU Commissioner for Trade and Economic Security Maroš Šefčovič signed the European Union -Singapore Digital Trade Agreement (EUSDTA) in Singapore.
The EU is among Singapore's top goods and services trading partners, and a major destination for Singapore investments. In turn, Singapore is also among the EU’s leading trading partners in the Association of Southeast Asian Nations (ASEAN), as well as its largest investment destination in Southeast Asia.
Singapore and the European Union are connected through the European Union-Singapore Free Trade Agreement (EUSFTA), which entered into force in 2019.
Bilateral Agreements involving the EU
European Union-Singapore Free Trade Agreement (EUSFTA)
The EUSFTA entered into force on 21 November 2019 and is the EU’s first trade agreement with an ASEAN Member State. The EUSFTA is a comprehensive FTA removing all tariffs on both sides and contains chapters on intellectual property, liberalising services and investment market access, public procurement, competition, reducing sanitary and phytosanitary (SPS) measures and non-tariff barriers, including on renewable energy generation.
European Union-Singapore Digital Trade Agreement (EUSDTA)
The EUSDTA was signed on 7 May 2025 and entered into force for Singapore and the EU on 1 February 2026. It builds on the longstanding and strong economic relations between Singapore and the EU, which are anchored by the EU-Singapore Free Trade Agreement (EUSFTA).