Welcome to the U.S. Mission’ business portal.
This part of our website has been provided to give you an overview of Singapore’s commercial, economic, political and investment climate, emphasizing the best prospects for American business. It also describes assistance available from the U.S. government and other sources that can help you in your marketing efforts in Singapore and the region.
Singapore continues to be one of the United States’ largest trading partners. With a per capita GDP of more than US$52,000 in 2015, Singapore is an excellent market for a variety of U.S. products and services. Singapore’s strong and open economy consistently ranks among the top 10 in the world for government transparency and robust intellectual property protection, making it a preferred regional business hub and distribution center for U.S. companies to reach Asia.
2016 is a landmark year of business opportunity. Since the inauguration of the ASEAN Economic community (AEC) at the end of 2015, the coming years hold immense promise for U.S. business in ASEAN. The Trans-Pacific Partnership (TTP) is advancing towards ratification as each of the 12 countries has signed the agreement. Plus, this year we commemorated 50 years of bilateral relations between the United States and Singapore and witnessed the historic State visit by Prime Minister Lee to Washington, which further highlighted the close relationship between the United States and Singapore. This truly historic visit illuminated both the breadth and depth of our bilateral cooperation and strengthened our partnership, building upon our shared vision of political, security, trade and investment, cultural exchanges, and people-to-people ties.
Singapore is recognized as a platform to promote U.S. exports throughout the Asia-Pacific region. I encourage you to make full use of our Embassy and our Commercial Service to assist with your export strategy.