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A preferential tariff rate is extended to partner countries who have signed Free Trade Agreements (FTA) with each other. This means that customs duties for selected imported goods that originate from the FTA partner countries are lower or totally eliminated.
Under Singapore's FTAs, imports of beer, stout, samsu and medicated samsu originating from the FTA partner countries into Singapore will be subjected to lower or zero customs duties.
There will be lower or zero tariffs for exports from Singapore to FTA partner countries that satisfy the necessary rules of origin and are given preferential tariff treatment by the importing country.
For a full list of Singapore's FTA partner countries, Rules of Origin text, list of goods that can enjoy tariff preferences and the preferential rates, please refer to Singapore's FTA website maintained by the Ministry of Trade & Industry (MTI).
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