CHINA-SINGAPORE FREE TRADE AGREEMENT AMENDMENT PROTOCOL

There were three changes arising from the CSFTA Amendment Protocol which was signed on 27 July 2011.

1. China will recognise Singapore companies’ inventory management method for interchangeable finished products exported under preference.

2. China will recognise Singapore Custom’s administrative practice of stamping “issued retrospectively” on the preferential certificate of origin three (3) days after loading date.

3. ASEAN-China FTA Package 2 Services Commitments to be extended to Singapore ahead of ASEAN.

Click here for full article.


MINISTRY OF TRADE AND INDUSTRY
28 July 2011