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Author | : Robert E. Flemchak |
Publisher | : |
Total Pages | : 0 |
Release | : 2011 |
Genre | : Free trade |
ISBN | : 9781611223507 |
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The U.S.-Singapore FTA has taken on new importance in trade policy because the United States is engaged in negotiations to join the Trans-Pacific Partnership (TPP). In addition, the U.S.-Singapore FTA has provided greater access for U.S. companies, has been instrumental in increasing bilateral trade, and has provided reassurance to Singaporeans of U.S. interest in the country. As a city-state, Singapore operates as an entrepot with essentially free trade. Under the FTA, concessions dealt mainly with providing greater access for American service providers and with strengthening the business environment in areas such as the protection of intellectual property rights and access to government procurement. This book examines the U.S.-Singapore Free Trade Agreement in detail, as well as the documented effects after five years.
Author | : |
Publisher | : |
Total Pages | : 22 |
Release | : 2010 |
Genre | : |
ISBN | : |
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The U.S.-Singapore Free Trade Agreement (FTA) (P.L. 108-78) went into effect on January 1, 2004. This report provides an overview of the major trade and economic effects of the FTA over the three years ending in 2006. It also includes detailed information on key provisions of the agreement and legislative action. The U.S.-Singapore FTA has taken on new importance in trade policy because the United States is engaged in negotiations to join the Trans-Pacific Partnership (TPP). The TPP negotiations are the first major market-opening initiative of the Obama Administration. On December 14, 2009, United States Trade Representative Ron Kirk notified Congress of the intent to enter into the TPP negotiations. The objective is to shape a high-standard, broad-based regional free trade agreement with Australia, Brunei Darussalam, Chile, New Zealand, Peru, Singapore, and Vietnam. The first round of negotiations began March 15, 2010, in Sydney, Australia. The U.S.-Singapore FTA has provided greater access for U.S. companies, has been instrumental in increasing bilateral trade, and has provided reassurance to Singaporeans of U.S. interest in the country. As a city-state, Singapore operates as an entrepot with essentially free trade. Under the FTA, concessions dealt mainly with providing greater access for American service providers and with strengthening the business environment in areas such as the protection of intellectual property rights and access to government procurement.
Author | : Manuel F. Casanova |
Publisher | : Nova Publishers |
Total Pages | : 206 |
Release | : 2005 |
Genre | : Business & Economics |
ISBN | : 9781594541643 |
Download The U.S. Singapore Free Trade Agreement Book in PDF, ePub and Kindle
On 31 July 2003, the Senate and, on July 24, the House passed H.R.2739 (United States-Singapore Free Trade Agreement Implementation Act) which is to implement the U.S. - Singapore Free Trade Agreement (FTA). The FTA would, with a phase-in period, eliminate tariffs on all goods traded between the United States and Singapore, cover trade in services, and protect intellectual property rights. The agreement has received support from the business community and consumer organisations but has been criticised by labour and some environmental interests. Some of the specific concerns raised deal with the restrictions on penalties for unresolvable disputes over labour and environmental issues, the Integrated Sourcing Initiative, potential capital controls, temporary visas, and access for U.S. exports of chewing gum. Since Singapore is a relatively small economy, the economic effects of the U.S. - Singapore Free Trade Agreement, by themselves, are not likely to be great. free trade interests who would benefit from more liberalised trade, particularly in services, and labour or anti-globalisation interests who oppose more FTA's because of the overall impact of imports on jobs and the general effects of globalisation on income distribution, certain jobs, and the environment. Specific provisions of the agreement also have generated debate. This book discusses the problems and issues that the Free Trade Agreement has brought up.
Author | : Tommy Thong Bee Koh |
Publisher | : World Scientific |
Total Pages | : 314 |
Release | : 2004 |
Genre | : Political Science |
ISBN | : 9812388486 |
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On 1 January 2004, the US-Singapore Free Trade Agreement (USSFTA) came into force. The USSFTA was the result of a two-year negotiation process which started towards the end of the Clinton Administration and concluded under the Bush Administration. How did the negotiation process straddle the two administrations? What is the rationale for the FTA? What were the unique features of the negotiating process? Was negotiating with the US different from negotiating with other countries? How will the FTA benefit the two countries? What is the impact on ASEAN, APEC and the WTO?This book captures some of the personal insights thrown up in the negotiations and offers highlights and analysis of the USSFTA. Contributors to the volume include the Chief Negotiators of the two delegations, the US and Singapore Ambassadors, key negotiators and close observers of the process. Selected key documents pertaining to the USSFTA process have also been included. This book is a comprehensive reader on the story behind the negotiations of the USSFTA.
Author | : Eul-Soo Pang |
Publisher | : Institute of Southeast Asian Studies |
Total Pages | : 328 |
Release | : 2011 |
Genre | : Business & Economics |
ISBN | : 9814311995 |
Download The U.S.-Singapore Free Trade Agreement Book in PDF, ePub and Kindle
Free trade has become the mantra of development strategy for many countries in the world, especially those in the Asia Pacific. This book delves into the American side of the story. It is about how Singapore and the United States came to sign the agreement in 2003 (taking effect from 1 January 2004). The United States - Singapore Free Trade Agreement (USSFTA) is the first FTA that America signed with an Asian country and the second such agreement with a fully developed country, after Canada. The city-state has used a free trade agreement as both a national survival and a growth strategy, first forging such FTA ties with its major trading partners and then expanding its strategic link to such extra-regional great powers as the United States, Japan, Australia, China, India, and the European Union. Both Singapore and the United States saw in FTAs something more than just merchandise trade.
Author | : Tommy Thong Bee Koh |
Publisher | : World Scientific |
Total Pages | : 314 |
Release | : 2004 |
Genre | : Business & Economics |
ISBN | : 981256716X |
Download The United States Singapore Free Trade Agreement Book in PDF, ePub and Kindle
On 1 January 2004, the USOCoSingapore Free Trade Agreement (USSFTA)came into force. The USSFTA was the result of a two-year negotiationprocess which started towards the end of the Clinton Administrationand concluded under the Bush Administration. How did the negotiationprocess straddle the two administrations? What is the rationale forthe FTA? What were the unique features of the negotiating process? Wasnegotiating with the US different from negotiating with othercountries? How will the FTA benefit the two countries? What is theimpact on ASEAN, APEC and the WTO? This book captures some of the personal insights thrown up in thenegotiations and offers highlights and analysis of theUSSFTA. Contributors to the volume include the Chief Negotiators ofthe two delegations, the US and Singapore Ambassadors, key negotiatorsand close observers of the process. Selected key documents pertainingto the USSFTA process have also been included. This book is acomprehensive reader on the story behind the negotiations of theUSSFTA."
Author | : Ramkishen S. Rajan |
Publisher | : Institute of Southeast Asian Studies |
Total Pages | : 110 |
Release | : 2001 |
Genre | : Political Science |
ISBN | : 9812301445 |
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As part of its trade policy, Singapore has embarked on what can be broadly termed "new regionalism". Beyond examining the motivations behind these trade moves, the authors also analyse the trade and investment linkages between Singapore and Japan and the United States in some detail.
Author | : Stuart P. Seidel |
Publisher | : |
Total Pages | : 12 |
Release | : 2003 |
Genre | : |
ISBN | : |
Download United States-Singapore Free Trade Agreement Book in PDF, ePub and Kindle
Author | : |
Publisher | : |
Total Pages | : 0 |
Release | : 2008 |
Genre | : |
ISBN | : |
Download The U.S.-Singapore Free Trade Agreement Book in PDF, ePub and Kindle
As the United States and Singapore adjust to the provisions of the FTA, it becomes increasingly difficult to separate out the effects of the FTA from that which has occurred because of other economic forces. [...] The FTA has provided greater access for U. S. companies, has been instrumental in increasing bilateral trade, and has provided reassurance to Singaporeans of U. S. interest in the country at a time when many in the region perceived that the United States had been focused on the Middle East and "neglecting" Asia. [...] The U. S. balance of trade in services with Singapore declined from a surplus of $4.0 billion in 2001 to $1.2 billion in 2005 but rose to $4.2 billion in 2008. [...] As for imports from the United States in previous years, in 2005, Singapore imported $1,298 and 2006, $246 worth of American chewing gum.4 Trade and Market Access in Services U. S. business interests point out that the greatest potential effect of the U. S.-Singapore FTA is likely to be increased access by U. S. companies to Singapore's market in services. [...] In the Singapore case, U. S. income from assets owned in Singapore increased from $3.9 billion in 2001 to $6.7 billion in 2003, and after the FTA jumped to $14.3 billion in 2006 and $21.1 billion in 2008.5 In 2008, Singaporean investors earned $6.3 billion on their assets in the United States for a $14.8 billion surplus for the United States.
Author | : Christopher Findlay |
Publisher | : World Scientific |
Total Pages | : 332 |
Release | : 2009-12-21 |
Genre | : Political Science |
ISBN | : 9814468223 |
Download Free Trade Agreements In The Asia Pacific Book in PDF, ePub and Kindle
Free Trade Agreements (FTAs) have proliferated in East Asia as regional economies rush to catch up with the rest of the world — but what difference do they make? This book answers that question by providing an up-to-date assessment of the quality and impact of FTAs in the region. Featuring a collection of papers originally written for the prestigious Research Institute for Economy, Trade and Industry (RIETI) in Tokyo, it presents contemporary analysis and insights into the evolution of recent FTAs. The book is suitable for use by trade policy negotiators, policy analysts, and people developing business strategies in organizations, as well as graduate students and researchers in the field.