UK-Singapore Free Trade Agreement (UKSFTA)

About UKSFTA

The UKSFTA is the key pillar underpinning Singapore’s strong and growing economic ties with the UK. It is the first comprehensive FTA between the UK and an ASEAN member state. It was signed on 10 December 2020, and entered into force on 11 February 2021.

The UKSFTA provides Singapore and UK companies greater market access to our respective markets, and gives them legal certainty and clarity in the trading arrangements between the UK and Singapore.

Then-Minister for Trade and Industry Chan Chun Sing and then-UK Secretary of State for International Trade Elizabeth Truss signing the UKSFTA, 10 December 2020

Key features of the UKSFTA

• Tariff elimination. Customs duties on virtually all of Singapore’s exports to the UK have been eliminated.

• Reduced non-tariff barriers.Mechanisms available to reduce duplicative testing and certification procedures, allowing for lower operational costs.

• Customs facilitation.Strengthened cooperation in customs procedures allows businesses to export to each other’s markets more efficiently (e.g. Mutual Recognition Agreement for Authorised Economic Operators).

• Enhanced market access to services sectors.Such as engineering; advertising; computer-related services; environmental; maintenance and repair of ships and aircraft; international maritime transport; hotels and restaurants.

• Government procurement opportunities.Opportunities to participate in public tenders, including in the transport, financial services and utilities sectors.

More resources

• For more information on the UKSFTA, please refer to the full press release [PDF, 584 KB].

• To check if your product is eligible for tariff concessions under the UKSFTA, please use the tariff finder.