Supajee attends ASEAN Summit for DEFA and ACFTA 3.0 deals

Matichon•Economy•30m ago

Reader Briefing

Deputy Prime Minister and Minister of Commerce Supajee Sutthampun will attend the 49th ASEAN Summit to sign the DEFA agreement and implement the ACFTA 3.0 trade deal.

•Supajee Sutthampun will attend the 49th ASEAN Summit from November 15-17, 2026, in Manila, Philippines.
•The ASEAN Digital Economy Framework Agreement (DEFA) will be signed during the summit.
•The upgraded ASEAN-China Free Trade Area (ACFTA 3.0) is expected to take effect on December 1, 2026.
•An upgraded ASEAN Trade in Goods Agreement (ATIGA Upgrade) is expected to be effective by the end of this year.

Overview

•Supajee Sutthampun is scheduled to attend the 49th ASEAN Summit from November 15-17, 2026, in Manila, Philippines.
•Supajee Sutthampun will sign the ASEAN Digital Economy Framework Agreement (DEFA), the world's first regional digital trade agreement.
•The ASEAN Digital Economy Framework Agreement (DEFA) aims to reduce digital trade barriers and promote international standards for electronic payments and digital identity.
•The upgraded ASEAN-China Free Trade Area (ACFTA 3.0) is scheduled to be officially implemented on December 1, 2026.
•ACFTA 3.0 includes customs improvements allowing perishable goods to be released within 6 hours, benefiting Thai fruit and agricultural exports.
•The upgraded ASEAN Trade in Goods Agreement (ATIGA Upgrade) is expected to be implemented by the end of this year.
•Supajee Sutthampun will present 31 key economic results to ASEAN leaders during the summit.
•Both DEFA and ATIGA Upgrade are intended to reduce business costs and increase market access for MSMEs.

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Key Entities

Person

Supajee Sutthampun(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 where the 49th ASEAN Summit is held.

Republic of the Philippines(สาธารณรัฐฟิลิปปินส์)ℹ️

The country hosting the 49th ASEAN Summit.

Policy

ASEAN Digital Economy Framework Agreement(ความตกลงเศรษฐกิจดิจิทัลอาเซียน)

The world's first regional digital trade agreement aimed at creating joint digital economy standards.

ASEAN-China Free Trade Area 3.0(ความตกลงการค้าเสรีอาเซียน-จีนยกระดับ)

An upgraded trade agreement between ASEAN and China expected to take effect on December 1, 2026.

ASEAN Trade in Goods Agreement Upgrade(ความตกลงการค้าสินค้าของอาเซียนฉบับปรับปรุง)

An upgraded agreement to facilitate trade and reduce barriers for goods movement within the region.

Organization

Ministry of Commerce(กระทรวงพาณิชย์)ℹ️

The ministry led by Supajee Sutthampun.