Singapore will benefit received.EU will cancel all Singapore tax within 5 years by up to 80 percent of goods items are exempt from tax as soon as the agreements in force by major operators who will benefit include electronics goods exporters, pharmaceuticals, chemicals, and processed foods.For marketing services, both parties have agreed to open the market for environmental services of computer profession and business, finance and the maritime transport. In regard to the non-tax measures, then such an agreement will reduce barriers to trade in the fields of pharmaceutics, medical devices. Machinery, electronics and renewable energy, including increasing access to procurement markets. The Government of both parties. In addition, Singapore also can call on EU to accept the accumulation of origin in ASEAN, some Singapore exports to EU are many.The EU will receive benefits.Benefit from open markets sectors of Singapore Especially in the financial sector, banking and insurance, which the EU has urged the Singapore open and market close to the u.s. through the FTA.The benefits from eliminating trade barriers restrict the tax rules, which Singapore will be adjusted in accordance with the requirements of the private sector of the EU such as the car of the EU are exempt from inspection standards before release in Singapore, and to protect a geographical indication (GI). Singapore will cancel all customs duties, EU, immediately apply to the agreement (currently only 6 items). EU hopes to use Singapore as a Centre for business and as a gateway to the ASEAN countries to stimulate the export of EU.
การแปล กรุณารอสักครู่..