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ASEAN summit approves e-commerce agreement and advances negotiations on trade in services

Nov, 13, 2023 Hi-network.com
The summit of the Association of Southeast Asian Nations (ASEAN) took place in Singapore under the theme "Resilient and Innovative." The regional bloc comprises 10 Southeast countries: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. The highlights of the meeting were the negotiations on a new ASEAN Trade in Services Agreement (ATISA), designed to help achieving "free flow of trade in services within the region" and the signature of the ASEAN Agreement on e-commerce.  Taken together, the approval of ATISA, the amendment to the ASEAN Trade in Goods Agreement (ATIGA) and the ASEAN Comprehensive Investment Agreement (ACIA) form a complete trio of modern and comprehensive ASEAN agreements, according to the bloc's Economic Ministers".

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