The Association of Southeast Asian Nations (ASEAN) is aiming to develop a strong digital economy worth $1 trillion by 2030.
However, challenges such as socio-economic differences and regulatory regimes need to be addressed. The ASEAN Digital Economy Framework Agreement offers a blueprint for harmonizing digitalization across member states.
- The ASEAN region has the potential to grow its digital economy from $300 billion to almost $1 trillion by 2030, driven by its young and increasingly online population.
- The ASEAN Digital Economy Framework Agreement offers a blueprint for harmonizing digital integration among member states at different stages of development, addressing challenges such as socio-economic differences and regulatory regimes.
- By creating an inclusive and sustainable digital economy, ASEAN can empower micro, small, and medium-sized enterprises, generate quality employment,…
