Story perspectives
ASEAN Summit: Digital Economy and Trade Expansion Goals Set
11/2/2025
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Story summary
- The 47th ASEAN Summit in Kuala Lumpur (Oct 26–28, 2025) completed the ASEAN Digital Economy Framework Agreement (DEFA), targeting growth from $300B to about $2T by 2030.
- ASEAN upgraded its free trade agreement with China, expanding green and digital collaboration.
- India reaffirmed its partnership with ASEAN, focusing on sustainable tourism and maritime security.
- Premier Li Qiang of China emphasized free trade and stability amid protectionism, while concerns about dominance linger.
