Italy
Singapore and Italy share robust and warm economic relations, underpinned by strong trade and investment flows, as well as extensive business links. We are connected through the EU-Singapore Free Trade Agreement (EUSFTA) and the EU-Singapore Digital Trade Agreement (EUSDTA).
Last updated on 12 November 2026
Singapore-Italy Economic Relations
Singapore and Italy share strong trade, services and investment linkages across various sectors. Italy is among Singapore's top goods and services trading partners within the European Union (EU), while Singapore serves as a gateway for Italian businesses seeking opportunities in Southeast Asia and the broader Asia-Pacific region.
Our partnership with Italy is anchored by the European Union-Singapore Free Trade Agreement (EUSFTA), which entered into force in 2019.
Bilateral Agreements involving Italy
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).