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ASEAN's First Regional Digital Trade Agreement Signing

ASEAN's First Regional Digital Trade Agreement Signing

Khaosod•Economy•42m ago

Reader Briefing

Deputy Prime Minister Supajee Suthamphan will attend the 49th ASEAN Summit in Manila to sign a landmark regional digital trade agreement.

  • •Supajee Suthamphan will attend the 49th ASEAN Summit from November 15-17, 2026, in Manila, Philippines.
  • •The summit will feature the signing of the ASEAN Digital Economy Agreement, the first regional digital trade agreement in the world.
  • •The upgraded ASEAN-China Free Trade Area (ACFTA 3.0) is scheduled to take effect on December 1, 2026.

Overview

  • •Supajee Suthamphan is scheduled to travel with the Prime Minister to attend the 49th ASEAN Summit between November 15-17, 2026, in Manila, Philippines.
  • •Supajee Suthamphan will sign the ASEAN Digital Economy Agreement to establish common rules and standards for the digital economy.
  • •The ASEAN Digital Economy Agreement aims to reduce digital trade barriers and facilitate paperless trade, electronic payments, and digital identity verification to help MSMEs access the ASEAN market.
  • •The upgraded ASEAN Trade in Goods Agreement (ATIGA Upgrade) is expected to take effect by the end of this year.
  • •The upgraded ASEAN-China Free Trade Area (ACFTA 3.0) is expected to be officially enforced on December 1, 2026.
  • •ACFTA 3.0 includes customs improvements allowing perishable goods to be released within 6 hours, which will speed up Thai fruit and agricultural exports to China.
  • •Supajee Suthamphan will propose 31 key economic pillar outcomes to ASEAN leaders during the summit.

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Key Entities

Person

Supajee Suthamphan(ศุภจี สุธรรมพันธุ์)
Deputy Prime Minister and Minister of Commerce responsible for the ASEAN Economic Community pillar.

Place

Manila(กรุงมะนิลา)ℹ️
The city in the Republic of the Philippines hosting the 49th ASEAN Summit.
Republic of the Philippines(สาธารณรัฐฟิลิปปินส์)ℹ️
The country hosting the 49th ASEAN Summit.
China(จีน)ℹ️
An important trading partner of ASEAN and a participant in the 29th ASEAN-China Summit.
Japan(ญี่ปุ่น)ℹ️
An important trading partner and dialogue partner of ASEAN.
Australia(ออสเตรเลีย)ℹ️
An important trading partner and dialogue partner of ASEAN.
South Korea(เกาหลีใต้)ℹ️
An important trading partner and dialogue partner of ASEAN.
India(อินเดีย)ℹ️
An important trading partner and dialogue partner of ASEAN.
United States of America(สหรัฐอเมริกา)ℹ️
An important trading partner and dialogue partner of ASEAN.

Policy

ASEAN Digital Economy Agreement(ความตกลงเศรษฐกิจดิจิทัลอาเซียน)
The world's first regional digital trade agreement aimed at creating common rules and standards for the digital economy.
Upgraded ASEAN-China Free Trade Area (ACFTA 3.0)(ความตกลงการค้าเสรีอาเซียน-จีนยกระดับ (ACFTA 3.0))
An upgraded trade agreement between ASEAN and China scheduled for enforcement on December 1, 2026.
Upgraded ASEAN Trade in Goods Agreement (ATIGA Upgrade)(ความตกลงการค้าสินค้าของอาเซียนฉบับปรับปรุง (ATIGA Upgrade))
An updated trade agreement to improve trade facilitation and reduce barriers for goods within ASEAN.

Organization

ASEAN(อาเซียน)ℹ️
A regional organization whose leaders will meet to discuss digital economy and trade agreements.
Ministry of Commerce(กระทรวงพาณิชย์)ℹ️
The ministry headed by Supajee Suthamphan.