aseandefa

ASEAN signs digital trade pact. What changes for small sellers?

ASEAN economic ministers signed the Digital Economy Framework Agreement (DEFA) in Manila on November 14. It aims to align rules for cross-border e-commerce, digital payments and data flows across Southeast Asia.

Picture a small online seller in Manila with a customer in Jakarta. Can the seller get paid easily and understand the rules for selling abroad? The rollout timeline and how each country implements the pact will show how much changes at checkout.

What would help small sellers most: easier cross-border payments or clearer rules for selling abroad?

#ASEAN #ASEANDEFA #DigitalTrade #digitalpayments