29 September 2023

The Free Trade Agreement (FTA) between the Republic of Türkiye and the Republic of Singapore was signed on 14 November 2015 and entered into force on 1 October 2017. 

This agreement is Türkiye’s most comprehensive FTA and covers a wide range of areas including goods and services, investment, e-commerce, competition and transparency.

Tariffs for Türkiye’s exports were eliminated by Singapore immediately after the entry into force of the FTA, while for Singapore's exports, Türkiye has eliminated 80 percent of its tariffs immediately after the entry into force of the FTA. Approximately 15 percent of the products excluded from the concession coverage will reset within “3”, “5”, “7”, and “10” calendar years for goods that meet the rules of origin.