Singapore

“Trade Policy Reviews” analyse the trade policies and practices of each member of the WTO. The reviews consist of three parts: an independent report by the WTO Secretariat, a report by the government, and the concluding remarks by the Chair of the WTO’s Trade Policy Review Body. The opening section - “key trade facts” - provides a visual overview of the WTO member's major exports/imports, main export destinations, origins for its imports and other k Read More

“Trade Policy Reviews" analyse the trade policies and practices of each member of the WTO. The reviews consist of three parts: an independent report by the WTO Secretariat, a report by the government, and the concluding remarks by the Chair of the WTO’s Trade Policy Review Body. The opening section - "key trade facts" - provides a visual overview of the WTO member's major exports/imports, main export destinations, origins for its imports and other k Read More

The Trade Policy Review Mechanism (TPRM) was first established on a trial basis by the GATT contracting parties in April 1989. The Mechanism became a permanent feature of the World Trade Organization under the Marrakesh Agreement which established the WTO in January 1995.

This is the sixth Trade Policy Review of Singapore by the World Trade Organization (WTO). Singapore’s period under review (2008-2011) was marked by an unprecedented global economic crisis. Amidst an increasingly challenging post-crisis landscape, Singapore is committed to keeping our markets open and promoting fair and active competition. To ensure that growth is both sustainable and inclusive, Singapore will undertake long-term economic refor Read More

The Uruguay Round negotiations ended on 15 December 1993 with an exhausting rush to meet a deadline set, for the most part, by the expiry of the US President’s negotiating authority. But the official end of negotiations was followed by months of hard work in Geneva and in the capitals of Members to get ready for the final signatures at Marrakesh in April 1994, and the entry into force of the WTO Agreements on 1 January 1995.

Singapore remains one of the most market-oriented and open economies in the world and is also considered the easiest country in which to do business. Singapore is facing a number of new challenges, as well as opportunities, due to the global financial crisis and its competitiveness is being tested by low-cost economies particularly in Asia. In response, Singapore has launched a productivity drive to boost GDP growth and facilitate its transformation into Read More

The services sector plays a crucial role in the economic growth and development of both India and Singapore. The two countries have liberalized unilaterally and developed global competitiveness in selected services, and now they are major exporters. Consequently, they not only have an aggressive interest in the multilateral liberalization of trade in services, but also perceive this sector as an integral part of their preferential trade agreements.