The Association of SouthEast Asian Nations – the ten-country trade bloc that houses over 600 million people and accounts for around 6.5 percent of global economic activity – has started work on a Digital Economy Framework Agreement (DEFA) it hopes will result in seamless trade and data flows.
ASEAN’s members include Indonesia, Singapore, the Philippines, and Vietnam. Collectively the bloc represents the world’s fifth-largest economy and also some of its brightest growth prospects.
In 2021, e-commerce alone in ASEAN was valued at US$170 billion in gross merchandise value
Academics and entrepreneurs have expected that new growth drivers for the world will be created
In an era defined by rapid technological advancements and global connectivity, leaders from nations, both
Digitalization is one of the most influential mega-trends that will not only affect development outcomes
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