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UNITED STATES - SINGAPORE FREE TRADE AGREEMENT

More information about Singapore is available on the Singapore Country Page http://www.state.gov/p/eap/ci/sn/ and from other Department of State publications and other sources listed at the end of this fact sheet.

U.S.-SINGAPORE RELATIONS

The United States recognized Singapore’s independence from Malaysia in 1965 and has had formal diplomatic relations with the country since 1966. The August 2016 State Visit by Prime Minister Lee Hsien Loong to Washington, D.C. highlighted 50 years of strong bilateral relations and acknowledged our shared interest in continued cooperation across economic, political, security, and people-to-people sectors.

The U.S.-Singapore economic relationship is founded on our bilateral Free Trade Agreement (FTA) – signed in 2003 and implemented beginning January 1, 2004. Despite Singapore’s small size and a population of only 5.5 million people, in 2016 Singapore ranked as the United States’ 19th largest trading partner and 13th largest export market. There are more than 30,000 Americans living in Singapore. Approximately 4,200 U.S. companies operate in the country, many of which use Singapore as their regional headquarters. Many Singaporeans also visit and study in the United States. Each year, the U.S. Government sponsors visitors under the International Visitor Program, provides Fulbright scholarships to enable selected American and Singaporean academics and students to teach or conduct research, and sponsors programs to introduce American policies, values, and culture to Singaporean audiences.

Our engagement with Singapore also includes collaboration on a regional and global scale. Singapore’s support for regional cooperation compliments U.S. policy, forming a strong basis for strategic cooperation between the two countries. In 2012, the United States and Singapore held the first annual Strategic Partnership Dialogue, which introduced new mechanisms, including the Third Country Training Program (TCTP), a joint technical assistance program that draws on expertise to help ASEAN nations build capacity across sectors such as cyber, trade, labor, environment, and intellectual property. Over the past five years, the U.S. Department of State and Singapore’s Ministry of Foreign Affairs have held 30 TCTP workshops that trained over 1,000 ASEAN government officials.


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