How the EU-Singapore Free Trade Agreement Benefits You

Elizabeth Chelliah, Principle Trade Specialist, Ministry of Trade and Industry

Venue : Stamford American Auditorium (AmCham Office, 1 Scotts Rd, #23-03 Shaw Centre)

Date : February 13, 2019

Time : 11:45 AM - 1:30 PM

Price : $15.00

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Description


Hosted by the Legal & IPR Committee


Synopsis 


The EU-Singapore Free Trade Agreement was signed on 19 October 2018. It is the first concluded FTA between the EU and an ASEAN country. With improved market access across many sectors, increased government procurement opportunities and the progressive elimination of tariffs on exports, the agreement will benefit many companies with business operations in Singapore and in ASEAN.


Join us for a briefing by the Ministry of Trade and Industry on the EUSFTA which will cover the following issues:


Anticipated Implementation schedule of the EUSFTA


  • Key benefits of the EUSFTA for companies based in Singapore, including the reduction of non-tariff barriers in 4 major sectors such as electronics, motor vehicles and vehicle parts, pharmaceutical products and medical devices and renewable energy generation; and addressing business structures for multinational companies,


  • Rules of Origin: how these work and why they attract manufacturing and supply chains to Singapore and strengthening Singapore as a hub for the region


  • How companies based in Singapore can leverage the EUSFTA and navigate tariffs with a Singapore strategy


  • How the EUSFTA would interact with Singapore’s network with FTAs


  • Why this is the pathfinder agreement for a future EU-ASEAN trade deal


  • Impact of Brexit on the deal.



About the Speaker

 

Elizabeth Chelliah

Principle Trade Specialist

Ministry of Trade and Industry

 

Ms Elizabeth Chelliah is the Principle Trade Specialist at the Ministry of Trade and Industry (MTI) as well as Head (Academic Branch) of the MTI Trade Academy, an appointment she assumed in 2011.

 

As Principle Trade Specialist, Ms Chelliah stewards the building and institutionalising of expertise amongst MTI Trade officers focussing on WTO and FTA rules, disciplines and procedures; trade facilitation competencies and internationalisation strategies and levers. From 2006 to 2011 she was Deputy Director of the APEC Division and was the Chair of the Committee for Trade and Investment (CTI) for the years 2018 – 2010. During that tenure, she was involved in developing what is now known as the APEC Free Trade Area of the Asia-Pacific (FTAAP) agenda.

 

Ms Chelliah has been involved in FTA negotiations since 2002, primarily in the area of Goods (i.e. Market Access, Trade in Goods Disciplines, Rules of Origin and Trade Remedies) and at times Customs related matters. She has been the lead Goods negotiator in Singapore’s FTAs with EFTA, China, Korea, EU, Chinese Tai Pei, ASEAN-China FTA and the recently concluded Trans-Pacific Partnership (TPP). She was Singapore’s Chief Negotiator for the Singapore-Peru FTA and is Chief Negotiator for the ongoing review of the Japan-Singapore Economic Partnership Agreement.