U.S.-Singapore FTA

     

Timetable/Milestones

  • Entered into effect: January 1, 2004
  • Senate vote to implement agreement (66-32) July 31, 2003
  • House Vote to implement agreement (272-155) July 24, 2003
  • Agreement signed by governments (Bush Administration): May 6, 2003
  • Congressional notification: January 30, 2003
  • Negotiations began: November 16, 2000

Singapore Sugar Facts

  • Production (Avg. 2005-2007): None
  • Consumption (Avg. 2005-2007): 283,333 metric tons
  • Imports: (Avg. 2005-2007): 347,333 metric tons
  • Exports (Avg. 2005-2007): Minor net exporter of refined sugar

Additional Access Granted to U.S. Market

Minimal. Singapore is a net importer of sugar. The text of the Singapore FTA provides establishment of a TRQ of 15,000 kg (15 metric tons) for sugar and sugar-containing products (SCPs) which will rise in uneven increments to 22,162 kg (22 metric tons) in 2013 and then be eliminated in 2014; second-tier, or above-quota, tariffs on sugar and SCPs steadily decline to zero over this period.

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