Asean nations see improved rules yielding $2 trillion digital economy by 2030

The framework aims to facilitate seamless cross-border online trade and make it easier to do business within the region.

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Asean member states are working to establish protocols that will ease cross-border digital trade and help to address emerging trends, such as artificial intelligence (AI). 

Targeted to be completed by 2025, the Asean Digital Economic Framework Agreement will improve digital rules across key areas, including digital trade, cybersecurity, payments, and data. The framework aims to facilitate seamless cross-border online trade and make it easier to do business within the region, said Singapore's Ministry of Trade and Industry (MTI) in a statement last Sunday.  

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