Eurasian Economic Union Singapore Free Trade Agreement (EAEUSFTA)

The Eurasian Economic Union-Singapore Free Trade Agreement (EAEUSFTA) is the first trade deal between the EAEU Member States – Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia – and Singapore. It will catalyse greater business links between Singapore and the EAEU, and create diverse opportunities for trade and investment beyond Singapore’s traditional markets.

The EAEUSFTA will comprise seven components:

• One Framework Agreement which is the overarching umbrella for the entire FTA that ties together the non-Services and Investment (non-S&I) Agreement and the five Services and Investment (S&I) Agreements.
• One non-S&I Agreement that covers Trade in Goods and other chapters. The Trade in Goods chapters cover Market Access, Trade Remedies, Rules of Origin, Customs Cooperation and Trade Facilitation, Technical Barriers to Trade, and Sanitary and Phytosanitary Measures. The additional chapters beyond Trade in Goods cover Competition, Customs Cooperation, E-commerce, Environment, Government Procurement, and Intellectual Property.
• Five S&I Agreements with each of the five EAEU Member States.

The Framework Agreement and non-S&I Agreement of the EAEUSFTA were negotiated between Singapore and the Eurasian Economic Commission (EEC), the executive body of the EAEU, which has jurisdictional competency over the EAEU Member States’ non-S&I policies.

The S&I Agreements of the EAEUSFTA are negotiated between Singapore and each of the five EAEU Member States, as Member States retain national sovereignty over S&I policies.