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Hub News Article Oct 21, 2014

EU and Singapore Concluded Investment Part of New FTA

The European Union (EU) and Singapore have concluded the negotiations of the investment part of the EU-Singapore Free Trade Agreement (EUSFTA). This marks the successful conclusion of the negotiations of the entire EUSFTA, following the initialling of the other parts of the agreement in September 2013. The chapter commits both the EU and Singapore to ensuring a stable and fair regime for foreign investors while preserving the right of the parties to regulate in the public’s interest.

Negotiations on investment protection had started based on the new EU competence under the Lisbon Treaty.

The Investment Protection Chapter will now undergo legal scrubbing before both sides will formally finalize the negotiations.