EU is a major trading partner countries, the second Singapore (from Malaysia). While Singapore is a partner in ASEAN countries, the most important of the EU total trade by 46,000 million euro/year, and the company's EU to 8,800 subscribers to the Office in Singapore.Merchandise trade: EU cancels all Singapore tax within 5 years, and 80 percent of the goods are exempt from tax as soon as the agreement takes effect, which Singapore operators who will benefit is the exporter of electronics, pharmaceuticals and chemicals. And processed foods. Singapore section, it will undo all the tax, with the European Union as well (currently there are only six groups Singapore goods and beverages l aho with mechanical storage, import tax).Services trade liberalization negotiations with branch of service-environment. Providing computer services Professional and business services Division, financial services and maritime transport.Other findings include: Non-tax measures which this agreement will reduce barriers to trade goods, pharmaceutics Roo ณืทางการ doctor. Machinery, electronics and renewable energy procurement by the State. And cooperation in trade and sustainable development.
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