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Ministry of Energy, Trade and Industry

Türkiye

Singapore and Türkiye share warm and increasingly robust economic relations. We are connected through the Türkiye-Singapore Free Trade Agreement (TRSFTA).

Last updated on 12 November 2026

Singapore-Türkiye Economic Relations

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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.

Singapore companies are present in Türkiye across multiple sectors, and Turkish firms leverage on Singapore’s strengths as a trusted, pro-business financial hub to access the Southeast Asian market.

Singapore and Türkiye are connected through the Türkiye-Singapore Free Trade Agreement (TRSFTA), which entered into force in 2017 and paves the way for stronger trade and investment linkages.

Bilateral Agreements involving Türkiye

Türkiye-Singapore FTA (TRSFTA)

The TRSFTA entered into force in 2017 and is Türkiye’s first comprehensive and broad-based FTA. The TRSFTA 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.

More about this Agreement

Singapore-Türkiye Avoidance of Double Taxation Agreement (DTA)

The Singapore-Türkiye Avoidance of Double Taxation Agreement (DTA), signed on 9 July 1999 and updated via a protocol in 2012, eliminates double taxation on cross-border income between both countries.