2. Either Party may terminate this Agreement by written notification to the other Party, and such termination shall take effect six (6) months after the date of the notification.
3. Within thirty (30) days of delivery of a notification under paragraph 2, either Party may request consultations regarding whether the termination of any provision of this Agreement should take effect at a later date than provided under paragraph
2. Such consultations shall commence within thirty (30) days of a Party's delivery of such request.
Conclusion
IN WITNESS WHEREOF, the undersigned, being duly authorised by their respective Governments have signed this Agreement.
Done at Beijing, this 23rd day of October 2008, in duplicate in both the Chinese and English languages, all texts being equally authentic.
FOR THE GOVERNMENT OF THE PEOPLE'S REPUBLIC OF CHINA
FOR THE GOVERNMENT OF THE REPUBLIC OF SINGAPORE
Attachments
PROTOCOL TO AMEND THE FREE TRADE AGREEMENT BETWEEN THE GOVERNMENT OF THE PEOPLE’S REPUBLIC OF CHINA AND THE GOVERNMENT OF THE REPUBLIC OF SINGAPORE
The Government of the People’s Republic of China and the Government of the Republic of Singapore (“the Parties”),
RECALLING the Free Trade Agreement between the Government of the People’s Republic of China and the Government of the Republic of Singapore (hereinafter referred to as the “China-Singapore FTA”, or the “Agreement”) done at Beijing on 23 October 2008;
RECALLING that Article 111 of the Agreement provides for the FTA Joint Committee established by the Parties to, inter alia, review and supervise the implementation of the Agreement;
NOTING that Article 114 of the Agreement provides that it may be amended by agreement in writing by the Parties, and further that Article 113 of the Agreement provides that Annexes to the Agreement shall form an integral part of the Agreement,
RECOGNISING the progress made between the Parties during the two China- Singapore FTA review meetings which took place in Singapore from 14-15 April 2010 and in Beijing from 31 May -1 June 2011;
SEEKING to incorporate into the China-Singapore FTA various agreements reached between the Parties relating to the expansion or amendment of the Agreement;
HAVE AGREED AS FOLLOWS:
ARTICLE 1 Amendment to Article 21 of the China-Singapore FTA
Article 21 of the China-Singapore FTA shall be replaced as follows: “ARTICLE 21 Fungible Products and Materials In determining whether a good is an originating good, any interchangeable goods or materials shall be distinguished by: (a) physical separation of the goods or materials; or (b) an inventory management method recognised in the generally accepted accounting principles of the exporting Party.”
ARTICLE 2 Amendment to Article 27, paragraph 5, of the China-Singapore FTA
Article 27(5) of the China-Singapore FTA shall be replaced as follows: “5. In cases where a Certificate of Origin has not been issued before or at the time of exportation due to involuntary errors or omissions or other valid causes, or no later than three (3) days after the date of shipment, the Certificate of Origin may be issued retrospectively but not later than one (1) year from the date of shipment, bearing the words "ISSUED RETROSPECTIVELY".”
ARTICLE 3 Amendment to Annex 5 of the China-Singapore FTA
The China-Singapore FTA shall be amended by replacing the existing Annex 5, Part A and Part B of the Agreement, with a new Annex 5, Part A – China’s Schedule of Specific Commitments on Services, and Part B – Singapore’s Schedule of Specific Commitments on Services, as attached to this Protocol.
ARTICLE 4 General Provisions
1. This Protocol and the Annexes attached hereto shall enter into force 90 days from the date of signing of this Protocol.
2. This Protocol and the Annexes shall form an integral part of the China- Singapore FTA.
IN WITNESS WHEREOF, the undersigned, being duly authorised by their respective Governments, have signed this Protocol.
Done at Singapore, this 27th day of July 2011, in duplicate in both the Chinese and English languages, all texts being equally authentic.
FOR THE GOVERNMENT OF THE REPUBLIC OF SINGAPORE
Lim Hng Kiang Minister for Trade and Industry
FOR THE GOVERNMENT OF THE PEOPLE’S REPUBLIC OF CHINA
Chen Deming Minister of Commerce
