ASEAN Sees Potential in Digital Economy, Led by BRICS

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ASEAN Sees Potential in Digital Economy, Led by BRICS
ASEANBRICSDigital Economy
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The Ministry of Investment, Trade and Industry (MITI) says ASEAN countries have significant opportunities in the digital economy, manufacturing, and supply chains, particularly through cooperation with BRICS countries. The Minister highlights the potential in AI and e-commerce.

: ASEAN countries have the potential to capitalise on significant opportunities in the digital economy , manufacturing, and supply chains led by BRICS countries, which are dialogue partners of the region, said the Ministry of Investment, Trade and Industry .

“If we look at the cooperation with BRICS countries in the field of e-commerce, we can see that financial technology and digital innovation can open new pathways to strengthen trade initiatives in our efforts with other ASEAN countries and BRICS,” Tengku Zafrul said during the Minister’s Question Time session in the Dewan Rakyat today.

Tengku Zafrul also said that as the chair of ASEAN in 2025, Malaysia will also have the opportunity to create synergies with dialogue partners, including BRICS countries. “Therefore, the government plans to enhance free trade agreements with dialogue countries, including China and India, during the ASEAN chairmanship next year,” he said.

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