Singapore’s Bilateral Agreements with Mexico
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Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
The CPTPP eliminates tariffs for 94% of Singapore’s exports to CPTPP markets.
Key benefits of the CPTPP include tariff elimination, trade facilitative Rules of Origin, greater access to services sectors, investment protection and guarantees, more opportunities in government procurement and a facilitative framework for the digital economy.
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International Investment Agreement (IIA)
IIAs promote and protect investments between two countries.
Singapore and Mexico signed a Bilateral Investment Treaty on 3 April 2011. The IIA promotes greater investment flows between Mexico and Singapore, and sets out standards of protection for investments made in one country by investors from the other country. Read more -
Pacific Alliance – Singapore Free Trade Agreement (PASFTA)
With the newly concluded Pacific Alliance – Singapore Free Trade Agreement (PASFTA) in 2021, doing business in Mexico is getting easier for Singapore companies.
The PASFTA with the Pacific Alliance trade bloc (comprising Colombia, Chile, Mexico, and Peru) will pave the way for Singapore companies to access a combined market of 223 million people and a combined GDP of US$4.05 trillion, the 8th largest economy in the world. -
Singapore–Mexico Double Tax Avoidance Agreement (DTA)
DTAs provide relief from double taxation in the situation where income is subject to tax for both countries.
The provisions of the DTA apply to persons who are residents of one or both of the Contracting States. Please refer to IRAS for more information.
