Singapore – Costa Rica Free Trade Agreement (SCRFTA)

The Singapore – Costa Rica Free Trade Agreement (SCRFTA) entered into force in 2013. It provides for the elimination of border tariffs for more than 95% of the products traded between the two countries, including for :

• Electric motors, turbines and generators; 
• Mechanical equipment including pumps, appliances, and other advanced machinery; 
• Electric accumulators, transformers, capacitors, batteries; 
• Motor vehicles; 
• Mineral ore, slag and ash; 
• Mineral fuels, oils and other products; 
• Metals and their articles e.g. iron and steel; 
• Semiconductors devices and photovoltaic cells; 

 

Rule of origins apply to qualify for preferential tariff treatment. These are granted for goods wholly obtained, produced entirely or having undergone sufficient transformation in the territory of one the signatory countries.

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