ASEAN must continue to leverage its digital economy to enhance national competitiveness, stimulate innovation, and raise productivity. Integrating digital technologies — from e-commerce and data governance to AI and smart manufacturing — enables economies to move up the value chain, support MSMEs, and unlock new growth opportunities. A study by the Boston Consulting Group indicates that DEFA could double ASEAN’s digital economy from USD 1 trillion to as much as USD 2 trillion by 20303. To achieve this potential, ASEAN must deepen cooperation in cross-border digital trade.
Detail public Study on ASEAN Digital Economy Framework Agreement in attached file.