U.s.-Singapore Free Trade Agreement

Singapore has agreed to allow the importation of therapeutic-valuable chewing gum from the United States for sale and supply, subject to health product laws and regulations (Article 2.11). This paves the way for the importation of therapeutic types of American chewing gum, perhaps such as teeth whitening and nicotine nuclei, which are intended to help smoking cessation, to be sold there – probably through pharmacies. Some information reports had indicated that prescriptions would be required to buy the gums, but this provision does not appear in the text of the agreement, and the Singapore government would have agreed that there would be no need for a prescription. Gum has been banned in Singapore since 1992 to protect the clean city and subways. (20) U.S. interests have also expressed support for the liberalization of the sale of sugar-free chewing gum. Labour interests also spoke out against this integrated procurement initiative, as the provisions of the free trade agreement would not apply to factories outside Singapore. Indonesia would also not be obliged to grant reciprocal access to U.S. companies.

In addition, there are concerns that the sourcing initiative will attract more U.S. investment to Indonesia to take advantage of low labour and other costs. The ESTV also specifies that the parties meet within six months of the agreement`s entry into force to consider the extension of coverage of products covered by the procurement initiative [Article 3.2, paragraph 2]. (25) The terms of application provide for the need for a congressional agreement to expand the list of products covered by the initiative. In summary, the overall economic impact of the U.S.-Singapore Free Trade Agreement should not be significant, given that Singapore is a relatively small economy. U.S. electronic equipment and other machinery and equipment sectors could face increased imports from Singapore, while U.S. agricultural exporters could benefit from increased exports. The agreement would provide better access to Singapore`s service sector, and some see it as a standard for additional free trade agreements with other nations. The debate on the implementation of the free trade agreement has taken place between trade and free trade interests that prefer liberalized trade, particularly in the services sector, and workers or alter-globalists who oppose more free trade agreements because of the overall impact of imports on employment and the overall impact of globalization on income distribution. , some jobs and the environment. Workers` rights.

(Chapter 17) In the free trade agreement, labour obligations are part of the central text of the trade agreement. Both sides should reaffirm their obligations as members of the International Labour Organization and strive to ensure that their national laws provide for labour standards consistent with internationally recognized labour principles. The agreement also contains the language that it is inappropriate to weaken or reduce internal labour security in order to promote trade or investment.

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