Opportunities for Colombia under the pacific alliance-Singapore Free Trade Agreement

Main Article Content

José Miguel Arias Mejía


Singapore, Colombia, International trade, Free Trade Agreement


On Wednesday, January 26, 2022, in the Colombian city of Buenanetura, the Pacific Alliance Member States (Chile, Colombia, Mexico and Peru) signed a free trade agreement with the Republic of Singapore. According to the Ministry of Trade and Industry of Singapore (n.d.), this deal, negotiations for which began in September 2017, covers five main areas: trade in goods, trade in services and investment, government procurement opportunities, e-commerce, and international maritime transport services.


Download data is not yet available.
Abstract 835 | PDF Downloads 730


CIA. (2022). Singapore. CIA World Factbook. https://www.cia.gov/the-world-factbook/countries/singapore/

Estrada Rudas, C. (2021). Hay crecimiento con tratados de libre comercio, pero falta aprovechamiento. La República. https://www.larepublica.co/especiales/tres-decadasde-internacionalizacion/hay-crecimiento-con-tratados-de-libre-comercio-perofalta-aprovechamiento-3273382

International Trade Administration. (2020). Singapore - Country Commercial Guide. https://www.trade.gov/country-commercial-guides/singapore-import-tariffs

Intracen. (n.d.). TradeMap. https://www.trademap.org/

Kopi. (2020, April). Small country, big money: Why does Singapore have large reserves? Kopi. https://thekopi.co/2020/04/12/singapore-reserves-explained/

Ministerio de Comercio, I. y T. de C. (2021). Informe sobre los acuerdos comerciales vigentes de Colombia. https://www.tlc.gov.co/temas-de-interes/informe-sobreel-desarrollo-avance-y-consolidacion/documentos/ley-1868-informe-tlcs-2021-congreso.aspx#:~:text=A la fecha%2C Colombia cuenta,Canadá (2011)%2C EEUU.

Ministerio de Comercio, I. y T. de C. (2022). Acuerdo comercial entre Singapur y la Alianza del Pacífico. https://www.tlc.gov.co/acuerdos/suscrito/singapur

Ministry of Trade and Industry of Singapore. (n.d.). Pacific Alliance - Singapore Free Trade Agreement.

Ministry of Trade and Industry of Singapore. (2022). Singapore Builds New Trade Linkages to Latin America.

Monetary Authority of Singapore. (n.d.). Monetary Policy Framework.h ttps://www.mas.gov.sg/monetary-policy/Singapores-Monetary-Policy-Framework

Monetary Authority of Singapore. (2022). Survey of Professional Forecasters. https://www.mas.gov.sg/-/media/MAS/EPG/SPF/2022/Survey-Writeup-Mar-2022-Web.pdf ?la=en&hash=FEA18BE68F915CE1F022CE7FC570FD0F4E5F2F63

Nicita, A., & Saygili, M. (2021). UNCTAD Research Paper Series - Trade agreements and trade resilience during COVID-19 pandemic. 70. https://www.wto.org/english/tratop_e/region_e/region_e.htm

Pérez Restrepo, C., & Castro Lara, A. S. (2019). The Pacific Alliance: WTO+ and WTOx? In The Pacific Alliance in a World of Preferential Trade Agreements (pp. 65–82).h ttps://link.springer.com/content/pdf/10.1007/978-3-319-78464-9.pdf

Public Service Division of Singapore. (2021). Strengthening Singapore’s Food Security. Challenge. https://www.psd.gov.sg/challenge/ideas/deep-dive/strengtheningsingapore-s-food-security

Singapore Department of Statistics. (2022a). Balance of Payments Dashboard. https://www.singstat.gov.sg/find-data/search-by-theme/economy/balance-of-payments/visualising-data/balance-of-payments-dashboard

Singapore Department of Statistics. (2022b). Foreign Direct Investment in Singapore Dashboard. https://www.singstat.gov.sg/find-data/search-by-theme/trade-andinvestment/foreign-direct-investment/visualising-data/foreign-direct-investmentin-singapore-dashboard

Singapore Department of Statistics. (2022c). National Accounts. https://www.singstat.gov.sg/find-data/search-by-theme/economy/national-accounts/latest-data

United Nations Conference on Trade and Development (UNCTAD). (2021). Review of Maritime Report 2021. In United Nations Publications. http://unctad.org/en/PublicationsLibrary/rmt2015_en.pdf

Universidad EAFIT. (2021). Singapur como socio estratégico de la Alianza del Pacífico. https://www.youtube.com/watch?v=eLhlM3xoE-k

World Bank. (n.d.). Databank. https://databank.worldbank.org/home.aspx

World Economic Forum. (2022a). The Global Competitiveness Report 2022.

World Economic Forum. (2022b). The Global Risks Report 2022.