About this agreement
The Agreement Between New Zealand and Singapore on a Closer Economic Partnership (ANZSCEP) was Singapore’s first bilateral Free Trade Agreement (FTA). It eliminates all tariffs for Singapore’s exports to New Zealand, allows tariff preference based on the exporter's declaration, safeguards market access, ensures a more predictable operating environment for service suppliers, and provides protection for Singapore investors and investments in Singapore. The upgraded ANZSCEP entered into force on 1 January 2020.
1 January 2001
Original Agreement
1 January 2020
Upgraded Protocol
Key benefits
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Flexible Rules of OriginWith the upgraded agreement, companies can qualify more easily for duty-free treatment in sectors such as electronics, chemicals, pharmaceuticals and processed food. These are some of the most flexible and trade facilitative Rules of Origin among Singapore’s FTAs. -
Enhanced customs procedures and trade facilitation
- The upgraded agreement enables goods that reach our borders to be released within 24 hours upon arrival, and express consignments to be released within 4 hours of submission of the necessary documentation to customs. These are the shortest release times for goods and expedited shipments among Singapore’s FTAs.
- The upgraded agreement allows Singapore food exporters to benefit from improved market access, expedited clearance of exported goods and enhanced transparency of regulations.
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Safeguard market accessSafeguards market access and ensures a more predictable operating environment for service suppliers.
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Investor and investment protectionProtection for Singapore investors and investments in New Zealand.
Eligibility
Use the Tariff Finder to see if your product is eligible to enjoy this FTA's tariff concessions.
Alternatively, you can explore the following steps to check your eligibility.
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Your product’s preferential rateDuties for all product lines are eliminated under ANZSCEP.
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Your product’s rule of origin
Rules of origin are a set of criteria which determine a product's originating status in each respective FTA.
It is put in place to ensure that only goods originating from the FTA partner countries will benefit from tariff concessions.
Is your product obtained/produced entirely within Singapore? 
Your product is considered wholly obtained in Singapore 
40% of its contents must originate from Singapore/New Zealand
Is your product obtained/produced entirely within Singapore?
Your product is considered wholly obtained in Singapore 40% of its contents must originate from Singapore/New Zealand
Apply
Under the ANZSCEP, exporters can provide a self-declaration proof of meeting the Rules of Origin. There is no minimum period stipulated for the retention of the customs documents.
Resources
Need additional help?
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Agreement Between New Zealand and Singapore on a Closer Economic Partnership (ANZSCEP)
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