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Regional Trade

The EuroCham Regional Trade Committee represents the interests of the European business community in Singapore and actively promotes bilateral and multilateral trade between Singapore, Europe and the region. With Singapore being the EU’s largest trading partner in ASEAN along with the EU being ASEAN’s 3rd largest trading partner, the Committee's work focuses on the elimination of tariffs, non-tariff barriers and the regulatory environment. Members define specific topics of interest and develop position papers while working closely with businesses and government representatives.

We aim to:
  • Provide a forum for identifying and understanding the relevant trade issues faced by members
  • Formulate and disseminate a common position for the business community
  • Promote trade and prosperity by supporting freer trade in goods and services
  • Serve as a conduit between our members and the European and Singaporean political and economic authorities and business associations
Highlights
On the 15th of September 2016, the Regional Trade Committee met with the APEC Secretariat. Dr Alan Bollard, Executive director at the APEC Secretariat in Singapore gave insight on "APEC and Economic Integration in Asia Pacific." 
 

On the 22nd of June 2016, EuroCham hosted a closed-door industry consultation on "The Implementation of the EU-Singapore FTA: Issues, Challenges and To-Do Items for Singapore". As part of the ongoing legal analysis and review of the EUSFTA, the EU Commission seeks to identify all actions that Singapore must take to implement the Agreement and to abide by its obligations. The meeting was the opportunity for industry stakeholders to provide their feedback on current trade issues they face in the country. 

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On the 19th of May 2016, the Regional Trade Committee had the pleasure to welcome Mr. Gerard McLinden, Lead Customs & Trade Facilitation Specialist at the World Bank Group. The informative session focused on trade facilitation and logistics reforms initiatives implemented in East Asia, followed by a discussion with insights and feedback from the private sector.

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On the 16th of March 2016, Committee members met Mr. Walter Van Hattum for a presentation on the challenges faced by the Philippines, as well as updates on a potential FTA between the Philippines and the European Union.

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On the 21st of January 2016, Committee members met to identify a Business Community's wish list in relation to Singapore's new National Trade Infrastructure. Members also discussed possible synergies with the World Bank in 2016. 

On the 18th of November 2015, the Regional Trade Committee had a fruitful session featuring two presentations by Mr. Romain Caillaud, Senior Director in the Global Risk and Investigations practice of FTI Consulting, and Mr. Alexander Bohusch, General Manager at Luther LLP Yangon, on "The Myanmar Elections: Looking ahead". 

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On the 21th of October 2015, Ms. Deborah Elms, Executive Director of the Asian Trade Centre in Singapore, and Mr. Raffaele Quarto, Head of the Economic and Trade section at the EU Delegation to Singapore, gave an enlightening presentation to the EuroCham Regional Trade Committee on "What to Expect in practice from the Megatrends in International Trade: the AEC, the TPP, the RCEP, and the TFA".

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On the 16th of July 2015, the EuroCham Regional Trade Committee held a joint press conference with H.E. Dr Michael Pulch, EU Ambassador to Singapore and Mr. Chris Humphrey, Executive Director of the EU-ASEAN Business Council on the launch of the Market Access Paper published by the EU-ASEAN Business Council. A panel discussion followed involving H.E. Dr. Michael Pulch, Mr Chris Humphrey, Ms Syetarn Hansakul, Senior Economist, Deutsche Bank Research and Ms. Angelia Chew, Partner for Indirect Tax at KPMG.

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On the 7th of July 2015, the EuroCham Regional Trade Committee is proud to have guest speaker Mr Chris Humphrey, Executive Director of the EU-ASEAN Business Council share about the ASEAN Economic Community and the findings of Non-Tariff Barriers hindering taxation and trade across the region.

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On the 16th of June 2015, the EuroCham Regional Trade Committee is proud to have guest speaker Mr John Leonard, CBP Attache at the US Customs & Border Protection share about activities of professional Customs fraud facilitators and origin laundering.

 

In 2015, the EuroCham Regional Trade Committee embarked on a Market Access Study to gather information on trade barriers and non-tariff barriers faced by our members around the region in their course of business. The Market Access Study will allow EuroCham to present the findings to business leaders and ASEAN representatives towards the conclusion of the ASEAN Economic Community.

On the 21st of May 2014, the EuroCham Regional Trade Committee is proud to have guest speaker Mr Kazumi Nishikawa, Special Adviser to the Minister of METI, Japan and Executive Director of JETRO (Japan External Trade Organization) share about the Regional Comprehensive Economic Partnership (RCEP).

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Find out more

For more information about the work of our Committees, membership and activities, please contact the Policy & Corporate Affairs Manager, Mr. Yiannis Korkovelos at yiannis.korkovelos@eurocham.org.sg.