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Following the signature of the EU-Singapore trade and investment agreements on 19 October 2018, the European Parliament gave its consent on 13 February 2019 to conclude both agreements. These deals were created by dividing the initial free trade agreement reached between the EU and Singapore in 2014, but not ratified, into two separate instruments: a trade agreement and an investment protection agreement. The trade agreement will enter into force with the finalisation of Singapore's internal administrative ...

Investment protection continues to be a controversial issue, as shown in particular during the negotiations on the EU-US Transatlantic Trade and Investment Partnership (TTIP) and the EU-Canada Comprehensive Economic and Trade Agreement (CETA). To address stakeholder concerns, the EU has moved from traditional investor-state dispute settlement arrangements towards introducing bilateral investment court systems in new agreements and pursuing the goal of establishing a permanent multilateral investment ...

The February plenary session highlights included a further debate on the Future of Europe, with Giuseppe Conte, Italy's Prime Minister; debates on Syria, and the future of the INF Treaty and its impact on the EU; and discussions on Roma integration strategies, and on a reflection paper on a sustainable Europe by 2030. Parliament also held debates on the conclusion of three EU-Singapore agreements; the implementation of Treaty provisions; and the rights of LGBTI people. Members adopted legislative ...

The trade and investment agreements with Singapore, the EU's largest commercial partner in the region, are the first between the EU and a member state of the Association of Southeast Asian Nations (ASEAN). The EU views bilateral agreements with ASEAN countries as steps towards the final objective of a region-to-region trade and investment agreement with ASEAN. The European Parliament is due to vote on giving its consent to the conclusion of the agreements with Singapore during the February plenary ...

On 18 April 2018, the European Commission proposed to the Council of the EU to sign and conclude two agreements with Singapore. These agreements were created by dividing the free trade agreement reached between the EU and Singapore (EUSFTA) in 2014, but not ratified, into separate trade and investment protection agreements. When presenting the agreements, the Commission underlined that they demonstrate the commitment of Singapore and the EU to fair trade and open markets. The Council of the EU is ...

This study analyses provisions of the EU-Singapore Free Trade Agreement concluded in May 2015 ('EUSFTA'). It compares EUSFTA with other 'new-generation' free trade agreements, such as the EU-Republic of Korea and the EU-Canada Comprehensive Economic and Trade Agreement. Overall, EUSFTA adopts a WTO+ approach and as a result significantly liberalises trade between the EU and Singapore compared to the current trade relationship. The study finds that a number of tariff and non-tariff barriers to trade ...

The study compares the revised and signed text of the Comprehensive Economic and Trade Agreement (CETA) with the EU-Vietnam Free Trade Agreement (EUVFTA) and the EU Singapore Free Trade Agreement (EUSFTA) in respect of important procedural aspects relating to investor State dispute settlement. The findings are juxtaposed to the procedural rules governing the preliminary reference procedure and direct action (action for annulment) before the Court of Justice of the European Union as well as the individual ...

Singapore is the first member country of the Association of Southeast Asian Nations (ASEAN) and second Asian economy after South Korea to have concluded a free trade agreement (FTA) with the EU, in October 2014. Moreover, this is the first comprehensive FTA negotiated and finalised by the EU after the Treaty of Lisbon came into effect. As a 'new generation' trade agreement, the EU-Singapore FTA (EUSFTA) in many aspects goes further than current World Trade Organization (WTO) commitments. Moreover ...

In 2015, the European Commission requested the opinion of the Court of Justice of the EU (CJEU) on the competence for conclusion of the EU-Singapore Free Trade Agreement (EUSFTA). The CJEU issued its opinion on 16 May 2017, holding that the EUSFTA covers shared competences with respect to: (i) non-direct foreign investment, (ii) investor-state dispute settlement (ISDS), and (iii) state-to-state dispute settlement relating to provisions regarding portfolio investment and ISDS. In its current form, ...

The Trans-Pacific Partnership (TPP) and the prospective Transatlantic Trade and Investment Partnership (TTIP), if enacted, will reshape trade and investment flows between the United States, Asia, and Europe. Together, these agreements encompass more than 60 % of the global economy, including the leading industrial economies of North America, the European Union and Japan. TPP is the economic anchor of the US ‘pivot’ to Asia. TPP is as much a geopolitical project to reinforce US leadership in Asia ...