The agreement
is an integrated package comprising trade in Goods and Services, an
agreement on Investments, mutual recognition agreements in conformity
assessment of standards in goods, mutual recognition agreement in
Services, cooperation agreements in customs, science and technology,
education, e-commerce, intellectual property and media.
India and Singapore have committed to opening investments on a positive
list basis with features in-built for protecting investments made by
each other in either country.
The existing Agreement on Double Taxation Avoidance (DTAA) has been
amended through a protocol which provides for, among other issues,
sharing of information and improved tax treatment.
The agreement was signed signed by the Prime Minister of India and
Singapore on 29th June, 2005 during the visit of the Singapore Prime
Minister to India. CECA is in effect from 1st August, 2005.