The chapter covers the various stages of investment, ranging from the pre-investment stage to the post investment stage. Investors who can benefit from this chapter are also not limited to only nationals of Singapore or companies owned by Singaporeans but include permanent residents and enterprises with substantial business activities in Singapore.

The chapter provides a comprehensive set of disciplines, including non-discriminatory treatment, free transfers, movement of key personnel, among others. Only a total of 23 reservations were taken by the five countries. Except for these limited areas, investors from both countries will enjoy the liberal investment regimes that both countries will be binding under the chapter.

The salient features of this chapter include:

Beneficiaries: Investors from Singapore who are either Singaporean citizens, permanent residents, or an enterprise having substantial business activities in Singapore are covered under the agreement when they invest into any of the EFTA member states. Similarly for EFTA investors investing into Singapore. The fact that enterprises in Singapore are covered is important as it enhances our role as a hub from which MNCs can invest into the EFTA member states.

Broad range of investment instruments: For investments, the chapter includes both traditional investment instruments, such as stocks and equities, as well as intellectual property rights, debentures, and rights conferred by contracts.

Expropriation & Compensation: No Party can unduly expropriate investments unless the expropriation is premised on public purposes as defined in the Agreement. In the event that such expropriation occurs, the governments are required to afford compensation for the expropriated investment.

Free Transfers: The EFTA member states and Singapore will allow the investors to freely repatriate and transfer funds related their investments (such as capital, profits, dividends and royalties) into and out of the country.