The Agreement between New Zealand and Singapore for a Closer Economic Partnership (ANZSCEP) that came into force in January 2001 assumes important significance as it is the first comprehensive bilateral FTA that was signed involving Singapore, and also the first bilateral FTA of an ASEAN member, thus initiating the process of 'new regionalism' in Asia. This book provides a deeper understanding about motivations of New Zealand and Singapore to enter into other bilateral FTAs and some of the visible impacts observed since their implementation.