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Wednesday, May 8, 2024

Meeting backs forging digital framework

Value of trade may hit $2tn by 2030

The latest meeting of the Asean Economic Ministers (AEM) agreed to establish the Asean Digital Economy Framework Agreement (Defa) with the aim of boosting the value of digital trade within the Asean region to as much as US$2 trillion by 2030, up from $400 billion in 2021.

The meeting, held during Aug 19-22 in Semarang, Indonesia, also agreed on the formulation of a carbon neutrality strategy and commitments regarding the operational framework for industrial infrastructure…

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