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Objectives

This session aims to provide companies with:

  • Better understanding on the specific benefits of EUSFTA and how to use it
  • Practical insights on business opportunities in EU member states using EUSFTA
  • Tips on various trade facilitative tools

 

Background

The EUSFTA has entered into force on 21 Nov 2019. As the first FTA signed between the EU and an ASEAN country, the agreement serves as a pathfinder to an eventual EU-ASEAN FTA that will increase trade and investments between the two regions.

The EU is Singapore’s 3rd largest trading partner and the world’s largest single market. Businesses will benefit from improved market access, including the elimination of customs duties, greater access to services sectors, and the reduction of technical and non-tariff barriers. They will also have more opportunities to participate in government procurement projects in the EU, and benefit from enhanced Intellectual Property Rights protection, amongst others.

Interested to find out more about the EUSFTA and how it can benefit your company? If you have missed the previous EUSFTA event on 24 Jan 19 held at SBF Center, this is a great opportunity to join us for this upcoming session on 4 Feb 2020!

 

* The European Union (EU) is Singapore’s 3rd largest trading partner for goods, Singapore’s largest market for services trade and the world’s largest single market. Member states of the EU: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom.

 

As for the EU, Singapore is by far its largest trading partner in the region, accounting for about a third of EU-ASEAN trade in goods and services

 

Programme

Time Activity
8.30 am

 

Registration

 

9.00 am

 

Welcome Address

 

9.30 am

 

 

 

Overview of the EUSFTA

  • Explore new unique business opportunities offered under the FTA core chapters and understand how companies will benefit from the different FTA chapters.

 

9.50 am

 

Morning Coffee Break

 

10.10 am

 

 

 

Trade in Goods: Competitive Advantage for Goods

  • Awareness of how the trade in goods chapter provides competitive pricing advantages for companies intending to sell their goods overseas beyond market access.

 

10.40 am

 

 

 

Rules of Origin & Application Procedures

  • Awareness of the ROO to determine whether goods will be able to qualify for the FTA and understand the procedures (self-certification) required to benefit from preferential market access.

 

11.10 am

 

 

 

Customs Procedures & Trade Facilitation

  • Awareness of the different provisions related to customs procedures & trade facilitation within the EUSFTA which could benefit companies including border enforcement.

 

11.40 am

 

 

 

Technical Barriers to Trade

  • Awareness of provisions concerning product standards, technical regulations and conformity assessment procedures in the EUSFTA in certain sectors such as motor vehicles, pharma and medical products and electronics.

 

12.05 pm

 

 

Sanitary and Phytosanitary (SPS) Measures

  •  How the EU SPS regime works – tools to aid companies better understand the SPS requirements

 

12.30 pm

 

Lunch Break

 

1.30 pm

 

 

Trade in Services: Safeguarding Market Access and a More Predictable Operating Environment

  • Market access opportunities in the EUSFTA. Awareness of how the trade in services chapter safeguards cross border business opportunities for business, service providers and professionals.
   
2.00 pm

 

Intellectual Property Rights

  • What are the new IP rights and what will be enforced for companies
   
2.30 pm

 

 

 

 

(i) Trade Facilitative Tools

  • Tariff Finder
  •  EU Trade Helpdesk

(ii) Enterprise Europe Network (EEN)

  •  This session seeks to highlight the business matching support programme available under EEN
   
3.15 pm

 

Coffee Break

 

3.45 pm

 

1-1 FTA and Markets’ Consultations [Optional for participants]

  • Consultations with trade experts and EU Member State representatives
6.00 pm End of Programme

 

Note:

  1. The organisers reserve the right to change the programme content without giving prior notification or any reasons thereof.

 

Kindly note that there are limited seats available, registration is binding and payment is non-refundable.