- Tariff elimination for about 85% of Singapore’s exports to China.
- Allows for back-to-back shipment of goods within member countries.
- Allows for third-party invoicing of goods.
- Allows for ASEAN Cumulation.
Rules of origin are a set of criteria which determine a product's originating status in each respective FTA. It is put in place to ensure that only goods originating from the FTA partner countries will benefit from tariff concessions.
Singapore Customs is the Authorised Body in Singapore for FTA Preferential Certificate of Origin (PCO) application. Below are the three general documentary processes in using FTA.
The process from registration to receiving PCO would typically take less than one month. Please refer here
for more information.