Basics by Free Trade Agreement: Singapore
Why is Singapore considered a good trading partner?
Singapore maintains one of the most liberal trading regimes in the world. Comparatively, it is extremely easy to export to Singapore. All U.S. exports now enter the country duty free and documentation is minimal. Singapore is a highly developed, English-speaking nation, and maintains a high standard of living. Singapore's government is considered to be efficient, effective, and relatively free of corruption. It is one of the most sophisticated industrial, commercial, financial, and consumer economies in the world. It is an excellent market and test market for U.S. products and services. Singapore is a principal gateway to Southeast Asia, which means that American manufacturers can find interested local buyers or regional ones as most of Singapore's distributors sell to other Southeast Asian countries.
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