Thailand Leads ASEAN in Digital Economy Revolution, Aiming for $2 Trillion Boost by 2030
August 29, 2025
Central to this initiative is Thailand's leadership in establishing the ASEAN Digital Economic Framework Agreement (DEFA), which focuses on digital trade, online commerce, and cross-border digital payments, with the goal of boosting the region's digital economy to US$2 trillion by 2030.
Thailand's active role was highlighted during a special ASEAN Economic Community Council session on August 28, where Deputy Minister of Commerce Chantawit Tantasith emphasized Thailand's leadership as chair of DEFA discussions.
Thailand's proactive leadership in resolving key policy issues demonstrates its commitment to regional benefits, aiming to deliver tangible outcomes for businesses and citizens across ASEAN.
Thailand is strategically positioning itself as a regional digital leader by spearheading efforts to connect ASEAN's digital economies, aiming to transform the region into a global digital economic hub.
The ASEAN Digital Economic Framework Agreement is on track for a final deal by the end of 2025, with formal signing anticipated in 2026.
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null • Aug 29, 2025
Thailand drives DEFA digital trade and payment framework for ASEAN