Recently, The Association of Southeast Asian Nations (ASEAN) members expressed commitment to synchronize regulations on e-commerce on each jurisdictions as part of an effort to strengthen the digital economy development in the bloc that is home to 600 million population.
Indonesia’s trade minister Enggartiasto Lukita said last week, in a press release, that this commitment is one of the main agenda in the ASEAN Economic Community Council meeting that was part of the 32nd ASEAN Summit in Singapore.
He said the digital economy and e-commerce industry are important for the future of ASEAN. Therefore, the ASEAN countries agreed to set up regulation on the e-commerce.
The regulations from each jurisdictions should maintain an equal competitiveness between e-commerce and conventional trade. That includes the fair treatment of import duties between e-commerce and conventional trade.
Currently, the five ASEAN countries of Indonesia, Malaysia, Singapore, Thailand, and Vietnam, have linked to the ASEAN Single Window. ASEAN Single Window’s objective is to expedite cargo clearance and promote ASEAN economic integration by enabling the electronic exchange of border documents among the ASEAN Member States.