ISDS Case Map
Singapore
The President of Sri Lanka expressed that his government will safeguard the local industrialists. In several occasions, he has mentioned that the government does not want to go for trade agreements that are deleterious to the country's economy. However, in January this year, the president was seated in the high chair clapping when the bilateral trade agreement with Singapore is signed, which liberalized the country's service sector effectively for the first time.
In response to concerns raised by some professional associations last week concerning the Sri Lanka-Singapore Free Trade Agreement (SLSFTA), the Development Strategies and International Trade Ministry in a detailed response said the movement of natural persons from Singapore has not been opened except for intra-corporate transferees in senior management and business visitors linked to investments.
In Sri Lanka, the top professional bodies representing engineers, architects, town planners and quantity surveyors and other related professions this week charged that the government has rushed into signing the Sri Lanka-Singapore Free Trade Agreement (SLSFTA) without having proper legal frameworks in place to ensure job security of local professionals and the possible entry of under-qualified overseas professionals.
The Free Trade Agreement (FTA) signed with Singapore is detrimental to the country because it would allow the flowing in of cheap labour from countries such as India, Pakistan and Bangladesh, the joint opposition said today.
Authentic texts as of April 2018
PACC Offshore Services Holdings has filed a notice of arbitration against Mexico under the bilateral investment treaty between the United Mexican States and Singapore governments.
With Singapore as chair of the regional bloc this year, China has an advantage as the focus shifts from geopolitics to trade and investment.
The European Commission has given the green light to clear an EU-Singapore trade and investment agreements that aim to take bilateral relations to a new level.
The European Commission put forward a proposed free-trade agreement with Japan for fast-track approval, hoping to avoid a repeat of the public protests that nearly derailed a trade pact with Canada.
Singapore has signed an agreement with China to strengthen cooperation on its ambitious Belt and Road Initiative, aiming to expand the city-state’s involvement.
