Coverage
What this agreement covers.
Goods, services, investment (separate IPA). First EU FTA with ASEAN member.
Key benefits
Why this agreement matters.
- ✓ First EU FTA with an ASEAN member — template for ASEAN region
- ✓ 84% of EU tariff lines at 0% immediately
- ✓ Singapore as gateway to ASEAN under EUSFTA
- ✓ Strong digital trade and IP provisions
India position
How this FTA relates to India.
Third-party context — affects Indian exporters via Singapore hub
Aggregate trade volume among parties: USD 65B
Risk framework
FTA compliance risks.
| Risk | Assessment | Mitigation |
|---|---|---|
| EUSFTA makes EU goods more competitive in Singapore vs Indian goods | Medium — Indian goods face Singapore GST (9%) while EU goods also at low tariff | Use India-Singapore CECA for Indian goods; consider Singapore hub structure for ASEAN market |
| Singapore is a transit hub — rules of origin determine benefit | Medium — goods must originate in EU to claim EUSFTA rates | Understand Singapore origin rules; Indian goods transiting Singapore must maintain India origin documentation |
Beneficiary verticals
Which sectors benefit.
Frequently asked
FAQ · EUSFTA.
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