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Dispute Settlement Systems in Recent Free Trade Agreements of Singapore: ANZSCEP, JSEPA and ESFTA

Dispute Settlement Systems in Recent Free Trade Agreements... 1. INTRODUCTION In the past three years, Singapore has embarked on an aggressive drive to negotiate bilateral free trade agreements (FTAs) with major trading partners, seeking greater liberalization and open markets for its traders. So far, it has concluded and signed three such agreements. These are the Agreement between New Zealand and Singapore on a Closer Economic Partnership (ANZSCEP), the Agreement between Japan and the Republic of Singapore for a New Age Economic Partnership (JSEPA), and the Agreement between the European Free Trade Area (EFTA) States and Singapore (ESFTA).1 Negotiations for bilateral pacts with the United States and with Australia were largely completed in the last quarter of 2002, while negotiations with Canada and Mexico are still in progress at the time of writing.'- On the Association of South-East Asian Nations (ASEAN)3 front, negotiations for an AsEAN—China trade agreement commenced in Beijing in May 2002. This has so far led to the signing of a Framework Agreement on Comprehensive Economic Co-operation between ASEAN and the People's Rcpublic of China on 4 November 2002.4 Prior to these agreements, Singapore already had a number of AsEnt·r agreements containing various dispute settlement provisions. These provisions will be discussed briefly at the http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of World Investment and Trade Brill

Dispute Settlement Systems in Recent Free Trade Agreements of Singapore: ANZSCEP, JSEPA and ESFTA

Journal of World Investment and Trade , Volume 4 (2): 38 – Jan 1, 2003

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Publisher
Brill
Copyright
Copyright © Koninklijke Brill NV, Leiden, The Netherlands
ISSN
1660-7112
eISSN
2211-9000
DOI
10.1163/221190003X00372
Publisher site
See Article on Publisher Site

Abstract

1. INTRODUCTION In the past three years, Singapore has embarked on an aggressive drive to negotiate bilateral free trade agreements (FTAs) with major trading partners, seeking greater liberalization and open markets for its traders. So far, it has concluded and signed three such agreements. These are the Agreement between New Zealand and Singapore on a Closer Economic Partnership (ANZSCEP), the Agreement between Japan and the Republic of Singapore for a New Age Economic Partnership (JSEPA), and the Agreement between the European Free Trade Area (EFTA) States and Singapore (ESFTA).1 Negotiations for bilateral pacts with the United States and with Australia were largely completed in the last quarter of 2002, while negotiations with Canada and Mexico are still in progress at the time of writing.'- On the Association of South-East Asian Nations (ASEAN)3 front, negotiations for an AsEAN—China trade agreement commenced in Beijing in May 2002. This has so far led to the signing of a Framework Agreement on Comprehensive Economic Co-operation between ASEAN and the People's Rcpublic of China on 4 November 2002.4 Prior to these agreements, Singapore already had a number of AsEnt·r agreements containing various dispute settlement provisions. These provisions will be discussed briefly at the

Journal

Journal of World Investment and TradeBrill

Published: Jan 1, 2003

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