Japan – Singapore Economic Partnership Agreement (JSEPA)

The Japan – Singapore Economic Partnership Agreement (JSEPA) eliminates tariffs for 92.1% of the goods traded between both countries. It came into force in November 2002 and was updated in January 2008. 

The Agreement provides for tariff elimination for most energy products, including: 

• 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 the preferential tariff treatment, notably:

• Production of mineral fuels and oil, as well as metals including articles of iron and steel, needs to take place in the signatories' territory, with certain exceptions
• For most other energy products, including petroleum oil, electric accumulators and vehicles, materials used in the production process needs to take place in the signatories' territory, with certain exceptions, or those materials should not have a qualifying value content below 60 %

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