Announcement

The EU-Singapore Free Trade Agreement, the EU-Singapore Investment Protection Agreement and EU-Singapore Partnership and Cooperation Agreement were signed in Brussels, Belgium on 19 October 2018. Together, they signify an important step towards deepening the EU's relations with Singapore, a fast growing economy in Southeast Asia.

The trade agreement with Singapore will remove all remaining tariffs for products originating from the EU, simplify customs procedures and set high standards and rules. It facilitates trade in goods like electronics, food products and pharmaceuticals, while stimulating green growth. It opens up the market for services like telecommunications, environmental services and engineering.

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Upcoming Missions

28 Oct – 1 Nov 2018
Indonesia and Singapore

18 – 22 Mar 2019
Singapore and Philippines

Information & Communication Technologies

17 – 22 Jun 2019
Singapore and Thailand

29 Jul – 3 Aug 2019
Singapore and Vietnam

1 – 7 Sep 2019
Singapore and Thailand

Interested in our past missions? Click here.

Success Stories

Growing market share for Belgian Well Pumps in South East Asia

In 2016, Well Pumps was selected to participate in the Business Avenues mission for Environment & Water Technologies. Through the mission, Well Pumps found a local partner, Vucico, a company specialized in representing foreign companies in the water industry in the Vietnamese market. This partner is of significant importance due to its access to a wide network of state-owned companies responsible for the distribution of potable water across the entire country.

EU Business Avenues yields exponential growth in Asia for Fernbach

The EU Business Avenues mission helped FERNBACH ease into the complexity of the markets in the region. A recently established new partnership with BDO in Indonesia led the company to further expand its Machine Learning application, which monitors the loans for which contracts already exist. FERNBACH is continuously working on its product development to ensure it meets the needs of the South East Asian markets.

Partech Thrives Following Environment & Water Technologies Business Mission

The mission proved fruitful for the British company and the sales figures speak for themselves. In Singapore, Partech met prospects that were interested in using their sensors and equipment. At the moment, new business agreements are still being discussed. In Vietnam, Partech initiated two distribution agreements with TVA Online Solutions and Vucico Vietnam.

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Building EU-South East Asia Business Partnerships

The EU Business Avenues in South East Asia is a business support programme that is organised and funded by the European Union (EU). The programme aims to help European companies establish long-lasting collaborations in South East Asia through matchmaking and business support services.

Following the success of the pilot programme which took place in 2014 and 2015, the expanded programme will now cover three additional markets in the region.

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