Asean digital economy framework pact to be signed next year, says Zafrul

Asean 2025

Asean aims to conclude negotiations for the Asean Digital Economy Framework Agreement (Defa) soon and have it signed next year, says Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.   He told reporters after chairing the Asean Economic Community Council (AECC) Special Session on Defa in Kuala Lumpur on Friday (Oct 24).   Read more at https://tinyurl.com/2bcpy6rn  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

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00:00ASEAN aims to conclude negotiations for the ASEAN Digital Economy Framework Agreement

00:07soon and have it signed next year, says Investment, Trade and Industry Minister Tengku Datuk Siri

00:13Zafrul Abdul Aziz.

00:15Tengku Zafrul says as of now, they have achieved more than 70 per cent of the negotiations.

00:22He told reporters after chairing the ASEAN Economic Community Council special session

00:27on ASEAN Digital Economy Framework Agreement in Kuala Lumpur on Friday.

00:33Earlier, during his opening remarks while chairing the session, Tengku Zafrul said two critical

00:38issues that require policy guidance by the Council will be deliberated.

00:43The two issues are the treatment of customs duties on electronic transmissions and the

00:47application of financial services commitments with respect to the location of computing facilities.

00:54It was previously reported that ASEAN Digital Economy Framework Agreement, which is said

01:00to propel the growth of the ASEAN Digital Economy to US$1 trillion by 2030, will be signed

01:09next year.

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