The meeting discussed the implementation and progress of initiatives under the AEC Blueprint 2025 as well as future work of the AEC pillar post 2025 considering new and emerging issues.
The economy of ASEAN had shown a resurgence in growth as it has returned to pre-pandemic levels, with economic growth reaching 5.6 per cent in 2022.
Participants at the meeting reiterated the importance of the digital economy agenda as the key driver for ASEAN to become a leading digital community and economic bloc, an official release said.
They called for expeditiously finalising the ASEAN Digital Economic Framework Agreement (DEFA) study and the development of the Framework’s core elements.
They look forward to the endorsement of the DEFA study and the launch of the DEFA negotiations at the 23rd AEC Council meeting in September this year.
There is a need for a collective ASEAN effort and strategy to identify synergies and potential cross-sectoral collaborations to support the sustainability agenda in the region, the participants emphasised.
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