United Kingdom – Singapore Free Trade Agreement (UKSFTA)

The United Kingdom – Singapore Free Trade Agreement provides for the elimination or reduction of tariff barriers across major sectors, 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 the preferential tariff treatment. Conditions to confer originating status include but not limited to the following: 

• For ores, slags and ash, it considers production from materials, with exclusions to certain headings 
• For petroleum oils and gases, it could qualify i. refining of non-originating materials or ii. other operations provided that materials same as the product heading is not more than 50% of the ex-works price of the product 
• For most of the remaining products listed above, it considers either i. production from materials with exclusions to certain headings or ii. materials used does not exceed 50 - 60 % of the ex-works price of the product

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