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Singapore Proposes EU-ASEAN Digital Commerce Partnership at Fintech Festival

Singapore Proposes EU-ASEAN Digital Commerce Partnership at Fintech Festival

Author:

Global Cryptocurrency

Published:

2025-11-12 15:13:01

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BTCCSquare news:

Singapore's Deputy Prime Minister Gan Kim Yong unveiled plans for a potential digital economic agreement between the European Union and ASEAN during the Singapore Fintech Festival. The proposal aims to bridge two major economic blocs without requiring formal integration, focusing instead on collaborative frameworks for digital commerce.

Southeast Asia's digital economy, now valued at $300 billion in gross merchandise value, underscores the strategic importance of such partnerships. Gan also highlighted broader ambitions, including potential collaborations with the Gulf Cooperation Council and the CPTPP trade bloc.

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