Upgraded Asean trade deal brought forward to end-2026, says Singapore DPM
SINGAPORE, Sept 23 — The upgraded Asean Trade in Goods Agreement (Atiga) is expected to take effect by end-2026, a...
Singapore's Deputy Prime Minister Gan Kim Yong revealed on Sept 23 that the upgraded Asean Trade in Goods Agreement (Atiga) will commence by the end of 2026, rather than the originally scheduled mid-2027. The decision was made during the 58th Asean Economic Ministers’ (AEM) Meeting and Related Meetings held in Manila, Philippines.
During the meeting, member countries agreed to ratify the agreement earlier than initially planned, prompting Singapore to expedite its implementation. Gan expressed optimism that the Atiga will be operational before the year's end, according to a statement from Singapore’s Trade and Industry Ministry.
The Atiga aims to simplify and clarify rules for businesses operating within Asean, facilitating intra-Asean trade and making the region an attractive destination for investment. Singapore's Ministry emphasized that the agreement also supports the development of an interoperable Asean carbon market, as part of the potential Asean Green Economy Framework Agreement.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
