The agreement has a global scope, including trade in products (industrial products, processed agricultural products, fish and seafood), trade in services, investment, protection of intellectual property rights, public procurement and competition. Bilateral agreements on basic agricultural products between the different EFTA countries and Singapore are also part of the instruments for creating the free trade area. All trade in industrial products, fish and other seafood from EFTA states will have duty-free access to these markets as soon as the agreement enters into force. In addition, trade in agricultural commodities is covered by three bilateral agreements on basic agricultural products negotiated between the state of EFTA concerned (Iceland, Norway and Switzerland/Liechtenstein) and Singapore. Investment protection disciplines are consistent with those typically found in bilateral investment protection agreements, including provisions on promotion and protection, national salaries and MFN, taxation, expropriation and compensation, national regulation, transfers and key personnel. The agreement also provides for the possibility of a direct settlement of disputes between one party and an investor of another. These disputes may be subject to binding arbitration proceedings, provided both parties agree. Reservations about the chapter are contained in Appendix XI. The RCEP will require the ratification of 6 of the 10 ASEAN member states and 3 of the five ASEAN-FTA partners for the agreement to enter into force. Therefore, the timing of implementation depends on the internal processes for ratification of the agreement by RCEP partners. The parties agree to apply their health and plant health rules in a non-discriminatory manner and not to introduce new measures that cause excessive trade obstruction. Intellectual property protection provisions include patents, trademarks, copyrights and geographical indications.
For eFTA-Singapore trade statistics see EFTA trade statistics tool These agreements are part of the free trade area`s establishment instruments and are subject to the disciplines applicable to trade in goods in the main agreement.