The U.S.-Singapore Free Trade Agreement: Effects After Three Years

The U.S.-Singapore Free Trade Agreement (FTA) (P.L. 108-78) went into effect on January 1, 2004. This report provides an overview of the major trade and economic effects of the FTA over the three years ending in 2006. It also includes detailed information on key provisions of the agreement and legislative action. The U.S.-Singapore FTA has provided greater access for U.S. companies, has been instrumental in increasing bilateral trade, and has provided reassurance to Singaporeans of U.S. interest in the country. As a city-state, Singapore operates as an entrepot with essentially free trade. Under the FTA, concessions dealt mainly with providing greater access for American service providers and with strengthening the business environment in areas such as the protection of intellectual property rights and access to government procurement. In 2006, the United States ran a $6.9 billion surplus in its merchandise trade with Singapore, up from$1.4 billion in 2003. U.S. exports of goods to Singapore surged by 49% from $16.6 billion in 2003 to$24.7 billion in 2006. However, even with this rapid increase in U.S. exports, the U.S. share of Singapore’s imports declined from 16% in 2003 to 13% in 2006. This suggests that factors other than the FTA, particularly the overall growth in Singapore’s imports, contributed greatly to the increase. Major U.S. exports to Singapore include machinery, electrical machinery, aircraft, optical and medical instruments, plastic, and mineral fuel oil. On the U.S. import side, a noteworthy development is that imports of pharmaceuticals from Singapore have risen dramatically from $0.09 billion in 2003 to$2.4 billion in 2006. The FTA did not lower the U.S. tariff rate for pharmaceuticals, since they already enter the United States duty free. What appears to have occurred has been the development of Singapore as a regional center for multinational pharmaceutical companies that are stepping up exports. Negotiations for the U.S.-Singapore Free Trade Agreement were launched under the Clinton Administration in December 2000. The FTA became the fifth such agreement the United States has signed and the first with an Asian country. According to the U.S. Trade Representative, the FTA broke new ground in electronic commerce, competition policy, and government procurement. It also included what the U.S. Trade Representative considers to be major advances in intellectual property protection, environment, labor, transparency, and customs cooperation. The U.S.-Singapore FTA required congressional implementation under expedited Trade Promotion Authority legislative procedures. The debate over implementation of the FTA fell between business and free trade interests who would benefit from more liberalized trade, particularly in services, and labor or antiglobalization interests who opposed more FTAs because of the overall impact of imports on jobs and the general effects of globalization on income distribution, certain jobs, and the environment. Specific provisions of the agreement also generated debate. This report will be updated as circumstances warrant

The U.S.-Singapore Free Trade Agreement: Effects After Five Years

[Excerpt] The U.S.-Singapore Free Trade Agreement (FTA) (P.L. 108-78) went into effect on January 1, 2004. This report provides an overview of the major trade and economic effects of the FTA over the three years ending in 2006. It also includes detailed information on key provisions of the agreement and legislative action. The U.S.-Singapore FTA has taken on new importance in trade policy because the United States is engaged in negotiations to join the Trans-Pacific Partnership (TPP). The TPP negotiations are the first major market-opening initiative of the Obama Administration. On December 14, 2009, United States Trade Representative Ron Kirk notified Congress of the intent to enter into the TPP negotiations. The objective is to shape a high-standard, broad-based regional free trade agreement with Australia, Brunei Darussalam, Chile, New Zealand, Peru, Singapore, and Vietnam. The first round of negotiations began March 15, 2010, in Sydney, Australia. The U.S.-Singapore FTA has provided greater access for U.S. companies, has been instrumental in increasing bilateral trade, and has provided reassurance to Singaporeans of U.S. interest in the country. As a city-state, Singapore operates as an entrepot with essentially free trade. Under the FTA, concessions dealt mainly with providing greater access for American service providers and with strengthening the business environment in areas such as the protection of intellectual property rights and access to government procurement. In 2009, the United States ran a $6.6 billion surplus in its balance of merchandise trade with Singapore, up from$1.4 billion in 2003, but down from the $12.0 billion in 2008. U.S. exports of goods to Singapore surged from$16.6 billion in 2003 to a peak of $27.9 billion in 2008 before declining to$22.3 billion in 2009. Even with this rapid increase in U.S. exports to Singapore, the U.S. share of Singapore’s imports has declined from 16% in 2003 to 12% in 2009. The main reason for this is that Singapore’s overall trade is booming. Still, Singapore imports more from the United States ($28.5 billion) than from China ($26.0 billion).The U.S. balance of trade in services with Singapore declined from a surplus of $4.0 billion in 2001 to$1.2 billion 2005 but has risen to $4.2 billion in 2008. A significant increase has been in income from U.S. direct investments in Singapore. U.S. access to the Singaporean market for multinational corporations seems to have been enhanced considerably under the FTA. U.S. income from assets in Singapore rose from$6.7 billion in 2003 to $21.1 billion by 2008. On the U.S. import side (Singapore’s exports), a noteworthy development is that U.S. imports of pharmaceuticals from Singapore have risen from$0.09 billion in 2003 to $3.0 billion in 2007 before declining to$2.0 billion in 2008. Singapore has developed as a regional center for multinational pharmaceutical companies. This apparently was partly triggered by provisions in the FTA that required Singapore to strengthen its intellectual property protection. Negotiations for the U.S.-Singapore Free Trade agreement were launched under the Clinton Administration in December 2000. The FTA became the fifth such agreement the United States has signed and the first with an Asian country. This report will be updated as circumstances warrant

Some spectrometric results from the NASA 1968 Airborne Auroral Expedition and tentative identification of several N2 c prime /1 Sigma u plus/ yields a /1 Pi g/ bands in auroras

Spectrophotometric results from NASA 1968 Airborne Auroral Expedition and tentative identification of several molecular nitrogen emission band

U.S. International Trade: Trends and Forecasts

[Excerpt] This report provides an overview of the current status, trends, and forecasts for U.S. import and export flows as well as certain balances. The purpose of this report is to provide current data and brief explanations for the various types of trade flows along with a brief discussion of trends that may require attention or point to the need for policy changes. The use of trade policy as an economic or strategic tool is beyond the scope of this report but can be found in various other CRS reports. Further detail on trade in specific commodities, with particular countries or regions, or for different time periods, can be obtained from the Department of Commerce, U.S. International Trade Commission, or by contacting the authors of this report

Distribution of human waste samples in relation to sizing waste processing in space

Human waste processing for closed ecological life support systems (CELSS) in space requires that there be an accurate knowledge of the quantity of wastes produced. Because initial CELSS will be handling relatively few individuals, it is important to know the variation that exists in the production of wastes rather than relying upon mean values that could result in undersizing equipment for a specific crew. On the other hand, because of the costs of orbiting equipment, it is important to design the equipment with a minimum of excess capacity because of the weight that extra capacity represents. A considerable quantity of information that had been independently gathered on waste production was examined in order to obtain estimates of equipment sizing requirements for handling waste loads from crews of 2 to 20 individuals. The recommended design for a crew of 8 should hold 34.5 liters per day (4315 ml/person/day) for urine and stool water and a little more than 1.25 kg per day (154 g/person/day) of human waste solids and sanitary supplies

Fast autotuning of a hydrogen maser by cavity Q modulation

A new fast autotuner for the hydrogen maser was implemented. By modulating the cavity, a phase shift in the maser output signal is induced which is proportional to the cavity tuning error. The phase shift is detected and fed back to a varactor tuner to stabilize the cavity against long-term drifts. Also, a PIN-diode cavity modulator which gives no incidental frequency shift over a very wide range of operation was developed. Modulated at over 200 Hz, it allows variations in maser cavity frequency to be compensated with a loop gain greater than 1000. Compensation of incidental amplitude modulation of the output was demonstrated

Monitoring extensions for component-based distributed software

This paper defines a generic class of monitoring extensions to component-based distributed enterprise software. Introducing a monitoring extension to a legacy application system can be very costly. In this paper, we identify the minimum support for application monitoring within the generic components of a distributed system, necessary for rapid development of new monitoring extensions. Furthermore, this paper offers an approach for design and implementation of monitoring extensions at reduced cost. A framework of basic facilities supporting the monitoring extensions is presented. These facilities handle different aspects critical to the monitoring process, such as ordering of the generated monitoring events, decoupling of the application components from the components of the monitoring extensions, delivery of the monitoring events to multiple consumers, etc.\ud The work presented in this paper is being validated in the prototype of a large distributed system, where a specific monitoring extension is built as a tool for debugging and testing the application behaviour.\u

Gold-free GaAs/GaAsSb heterostructure nanowires grown on silicon

Growth of GaAs/GaAsSb heterostructurenanowires on silicon without the need for gold seed particles is presented. A high vertical yield of GaAsnanowires is first obtained, and then GaAsₓSb₁ˍₓ segments are successfully grown axially in these nanowires. GaAsSb can also be integrated as a shell around the GaAs core. Finally, two GaAsSb segments are grown inside a GaAsnanowire and passivated using an AlₓGa₁ˍₓAs shell. It is found that no stacking faults or twin planes occur in the GaAsSb segments.Part of this work was funded by the Swedish Foundation for Strategic Research SSF, the Swedish Research Council VR, and the Knut and Alice Wallenberg Foundation

'Garland' at MYB Textiles

A one-person exhibition of paintings at the Lace Mills of Morton Young and Borland (MYB). The aim of the research was to reflect through painting and drawing processes pictorial aspects of lace design. The company was founded in 1900 in the Irvine Valley of Ayrshire, Scotland. In 1913 MYB Textiles invested in Nottingham lace Looms. MYB Textiles is now the only producer in the world manufacturing patterned lace with original Nottingham Lace Looms. This manufacturing process is extremely labor intensive. The methods employed by Kathleen through painting and drawing aim to mimic the structure of the lace. This group of paintings was achieved and developed in terms of enlarging the original lace structure and painting this on an architectural scale. The rationale for investigating the painting process in this context is to construct a pictorial handmade series of painted pattern formations. To accompany the exhibition Kathleen has also been working with Emma Dick to record the painting process and the textile pattern in an artist’s book. ISBN978 1 85924 533

Direct Numerical Investigation of Turbulence of Capillary Waves

We consider the inertial range spectrum of capillary wave turbulence. Under the assumptions of weak turbulence, the theoretical surface elevation spectrum scales with wave number k as I[subscript η] ∼ k[superscript α], where α = α[subscript 0] = -19/4, energy (density) flux P as P[superscript 1/2]. The proportional factor C, known as the Kolmogorov constant, has a theoretical value of C = C[subscript 0] = 9.85 (we show that this value holds only after a formulation in the original derivation is corrected). The k[superscript -19/4] scaling has been extensively, but not conclusively, tested; the P[superscript 1/2] scaling has been investigated experimentally, but until recently remains controversial, while direct confirmation of the value of C[subscript 0] remains elusive. We conduct a direct numerical investigation implementing the primitive Euler equations. For sufficiently high nonlinearity, the theoretical k[superscript -19/4] and P[superscript 1/2] scalings as well as value of C[subscript 0] are well recovered by our numerical results. For a given number of numerical modes N, as nonlinearity decreases, the long-time spectra deviate from theoretical predictions with respect to scaling with P, with calculated values of α C[subscript 0], all due to finite box effect