Asean digital economy pact ranks responsible AI use
The Asean Digital Economy Framework Agreement (DEFA) is set to prioritize cooperation on AI governance and digital trade rules among member states. The agreement aims to create a reliable environment for businesses while addressing the risks associated with rapid AI development.
Why it matters
This agreement is a significant step toward regional economic integration and the standardization of AI ethics and digital trade policies in Southeast Asia.
THE proposed Asean Digital Economy Framework Agreement (DEFA), which includes cooperation on artificial intelligence, will be among the priority economic deliverables at the 58th Asean Economic Ministers' Meeting and related meetings this year, Trade Undersecretary Allan Gepty said Friday.DEFA aims to establish common rules on paperless trade, data protection and privacy, online consumer protection, electronic payments, trade facilitation, cross-border e-commerce, and cooperation on AI and other emerging technologies, Gepty noted.The agreement is seen to benefit businesses, particularly micro, small and medium enterprises, by creating a more predictable and reliable environment for conducting transactions, selling products and expanding across Asean.Gepty said specific programs and projects under DEFA would be…
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