thailandedition
Supajee to push digital economy and ACFTA 3.0 at 49th ASEAN Summit

Supajee to push digital economy and ACFTA 3.0 at 49th ASEAN Summit

Prachachat•Economy•31m ago

Reader Briefing

Deputy Prime Minister and Minister of Commerce Supajee Sutthampun will attend the 49th ASEAN Summit in Manila to advance 31 economic results.

  • •Supajee Sutthampun will join the Prime Minister at the 49th ASEAN Summit in Manila from November 15-17, 2026.
  • •The summit will involve signing the Digital Economy Framework Agreement (DEFA).
  • •The upgraded ASEAN-China Free Trade Area (ACFTA 3.0) is expected to officially start on December 1, 2026.

Overview

  • •Supajee Sutthampun is scheduled to attend the 49th ASEAN Summit in Manila, Philippines, between November 15-17, 2026.
  • •Supajee Sutthampun will propose 31 key results to ASEAN leaders, including the signing of the Digital Economy Framework Agreement (DEFA).
  • •DEFA aims to establish common rules and standards for the digital economy, covering paperless trade, electronic payments, and digital identity verification.
  • •Supajee Sutthampun will present progress on the revised ASEAN Trade in Goods Agreement (ATIGA) to enhance trade facilitation and supply chain resilience.
  • •The upgraded ASEAN-China Free Trade Area (ACFTA 3.0) is expected to be implemented on December 1, 2026.
  • •ACFTA 3.0 includes a measure to clear perishable goods within 6 hours, which is intended to speed up Thai fruit and agricultural exports to China.
  • •Supajee Sutthampun stated that increased access to trade regulation information will reduce data costs and increase transparency for small and medium enterprises.

Full article content is available on the original source.

Read on Prachachat (Thai Version)View in Google Translate

Source: Prachachat (Original)

Key Entities

Person

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

Place

Manila(มะนิลา)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.
China(จีน)ℹ️
An important negotiating partner and party to the ACFTA 3.0 agreement.

Policy

Digital Economy Framework Agreement(ความตกลงเศรษฐกิจดิจิทัลอาเซียน)
Also known as DEFA, it is a regional digital trade agreement aimed at creating common digital economy rules and standards.

Law

ASEAN Trade in Goods Agreement(ความตกลงการค้าสินค้าอาเซียน)
Also known as ATIGA, an agreement being revised to improve trade facilitation and reduce obstacles between member countries.
ASEAN-China Free Trade Area(ความตกลงการค้าเสรีอาเซียน-จีน)ℹ️
Specifically the upgraded version ACFTA 3.0, expected to start officially on December 1, 2026.

Organization

Ministry of Commerce(กระทรวงพาณิชย์)ℹ️
The ministry headed by Supajee Sutthampun.
ASEAN(อาเซียน)ℹ️
A regional organization whose leaders will meet at the 49th Summit.