The US and Singapore governments are near to formally signing the US-Singapore Free Trade Agreement (USSFTA). The USSFTA is the first of its kind that the US has entered into with a country in Asia since the US Congress passed the Trade Act of 2002. The US has entered into few other bilateral free trade agreements with countries, including Jordan and Israel, aside from its multilateral free trade partners Canada and Mexico in the North America Free Trade Agreement. Singapore has also only entered into a few other free trade pacts, including with Australia, New Zealand, Japan, and the European Free Trade Association.