ASEAN Summit: Ease of doing e-commerce in ASEAN

During the ASEAN Summit in November 2018 in Singapore, Southeast Asian ministers signed a landmark pact, The ASEAN Agreement on Electronic Commerce, to create a conducive environment for e-commerce in the ASEAN region. This pact seeks to strengthen trust and confidence in online transactions and help state members seize opportunities to grow their economies.

The Agreement’s objectives are to:

(i) Facilitate cross-border e-commerce transactions;  

(ii) Contribute to creating an environment of trust and confidence in the use of e-Commerce; and  

(iii) Deepen co-operation among ASEAN Member States to further develop and intensify.