Priority Economic
Deliverables
In line with the focus on inclusivity, Malaysia aims to ensure that micro, small and medium enterprises (MSMEs), women entrepreneurs, and youths benefit from ASEAN’s economic growth. As a result, 18 Priority Economic Deliverables were endorsed during the ASEAN Economic Ministers’ Retreat.
The PED is integral to the ASEAN Chairmanship and serves as a cornerstone within the ASEAN Economic Community (AEC) Pillar.
Here are the 18 PEDs anchored on four key thrusts:
Enhancing Trade
and Investment
Creating an Inclusive & Sustainable Pathway
Promoting Integration
& Connectivity of
Economies
Building a Digitally Resilient ASEAN
Designing the PEDs
Each PED is designed to address specific economic challenges and opportunities, ensuring that initiatives are not only impactful but also aligned with broader goals of regional cooperation. Every PED should ideally be fully implemented and completed within the designated year of Chairmanship (i.e. 1 year), reflecting the Chair’s commitment to timely and effective governance. Additionally, PED’s must fall within the jurisdiction and expertise of the AEC, which serves as a vital platform for addressing both established and emerging economic issues.
Fostering Collaboration
Be leveraging the collective strengths of ASEAN, the PEDs can foster a collaborative environment that encourages innovative solutions and proactive responses to changing circumstances. It is equally important that the PEDs maintain continuity with the initiatives established in the previous year. Such initiatives cover areas such as digital transformation, sustainable development, trade facilitation, and resilience to economic shocks. These are meant to provide continuity and build on past achievements, to ensure a progressive approach to regional development.
Strategic Thrust 1
Enhancing Trade and Investment
Conclusion of the Negotiation and Signing of the 2nd Protocol to Amend the ASEAN Trade in Goods Agreement (ATIGA)
Signing of the ASEAN-China Free Trade Area 3.0 Upgrade Protocol
Substantial Conclusion of the Review of ASEAN-India Trade in Goods Agreement (AITIGA)
Joint Declaration on Economic Cooperation between the Association of Southeast Asian (ASEAN) and the Gulf Cooperation Council (GCC)
Strategic Thrust 2
Creating an Inclusive and Sustainable Pathway
Adoption of the ASEAN Sustainable Investment Guidelines (ASIG)
Catalysing Access to Financing for a Climate-Resilient and Just Transition in ASEAN
Accelerating the Growth of More Sustainable, Connected and Inclusive ASEAN Capital Market
Development of Policy Recommendations and Guidelines to Support ASEAN EV Implementation Roadmap
Endorsement of the ASEAN Plan of Action for Energy Cooperation 2026-2030
ASEAN Vision of Agriculture: Towards 2045
ASEAN Centre of Excellence of MSMEs in Green Transition
ASEAN Minerals Development Vision and Action Plan to Progressively Promote the Region as a Sustainable Minerals Investment Destination
Strategic Thrust 3
Promoting Integration and Connectivity of Economies
ASEAN Framework for Integrated Semiconductor Supply-Chain (AFISS)
Development of ASEAN Tourism Outlook
Strategic Thrust 4
Building a Digitally Resilient ASEAN
Substantial Conclusion of the ASEAN Digital Economy Framework Agreement (DEFA) Negotiation
Establishing ASEAN Technology Startup Ignite
Declaration on the Establishment of an ASEAN AI Safety Network (ASEAN AI SAFE)
Fostering Inclusive Instant Payment Connectivity in ASEAN
