Trade upgrade coming for Asean

Trade upgrade coming for Asean

KUALA LUMPUR: Asean has concluded the upgrade of two existing trade agreements, expec­ted to be signed at the 47th Asean Summit in October, says Tengku Datuk Seri Zafrul Abdul Aziz.  Read full story

ASEAN’s $2 trillion digital dream DEFA negotiations now progress

Southeast Asian nations are advancing negotiations on a pivotal Digital Economy Framework Agreement (DEFA), designed to unify the region’s burgeoning digital landscape. The strategic initiative aims to harmonise digital trade regulations and is anticipated to propel the bloc’s digital economy towards a projected $2 trillion valuation by 2030. Officials describe DEFA as a comprehensive framework distinctly focused on digital economy governance, s…

ASEAN agrees to lower barriers to boost regional trade: WEF calls it a ‘game changer’

Southeast Asian leaders have endorsed trade and economic reforms to boost regional integration in response to geopolitical tensions and fresh US tariff shocks that threaten export-driven economies in the region. The decisions came during the opening of a regional summit in Malaysia on Monday, the fi...

Asean finalises two key trade deals ahead of October signing, says Malaysia’s trade minister

The Association of Southeast Asian Nations (Asean) concluded two major trade pacts on Sunday (May 25), a move expected to deepen regional integration and bolster economic resilience as global protectionism rises, said Malaysia’s Investment, Trade and Industry Minister Tengku Zafrul Aziz.