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The Customs Department was founded when Singapore was the British Empire's Straits Settlements and later Crown Colony.Established in 1910 under the name Government Monopolies Department, Customs is one of the oldest tax-collecting organisations in modern Singapore to increase the country's state coffers to help fund national programmes.
This is a list of countries by tariff rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Import duty refers to taxes levied on imported goods, capital and services. The level of customs duties is a direct indicator of the openness of an economy to world trade.
Change in Tariff Classification for Certain Aluminum and Articles thereof. The exporter must obtain a “Form D” certification from its national government attesting that the good has met the 40% requirement. The Form D must be presented to the customs authority of the importing government to qualify for the CEPT rate.
President George W. Bush signed into law the United States-Singapore Free Trade Agreement Implementation Act on 3 September 2003. [2] The trade pact was implemented by both countries on 1 January 2004. Prime Minister Goh Chok Tong and U.S. President George W. Bush signing the US-Singapore Free Trade Agreement in the White House, May 6, 2003
The EU-Singapore Free Trade Agreement, acronym EUSFTA, is a signed and ratified [1] [2] free trade and bilateral investment treaty between the European Union and Singapore. EUSFTA has been negotiated since March 2010 and its text has been publicly accessible since June 2015. [3] The negotiations on goods and services were completed in 2012, on ...
The Singapore–United Kingdom Free Trade Agreement (SUKFTA) is a free trade agreement between the United Kingdom and Singapore.It was signed prior to the withdrawal of the United Kingdom from the European Union as a Continuity trade agreement in order to protect trade and investment between the two parties as the UK would no longer be a party of the European Union–Singapore Free Trade ...
However, Title IV of the Trade Act of 1974 (P.L. 93-618) established conditions on U.S. MFN/NTR tariff treatment to certain non-market economies, one of which is certain freedom-of-emigration requirements (better known as the Jackson–Vanik amendment). The act authorizes the president to waive a country's full compliance with Jackson–Vanik ...
The Third Round, entering into force on 1 September 2006, led to tariff concessions on more than 4,000 items. The Fourth Round, launched in October 2007, was scheduled to be concluded by the Third Ministerial Council in October 2009. This Round aims to widen the coverage of preferences to at least 50 per cent of the number of tariff lines of each