The shift to the China-ASEAN Free Trade Area(CAFTA)3.0 version marked more than just a technical update to an existing trade agreement.It signaled a recalibration ofregional economic cooperation as global trade has in...The shift to the China-ASEAN Free Trade Area(CAFTA)3.0 version marked more than just a technical update to an existing trade agreement.It signaled a recalibration ofregional economic cooperation as global trade has increasingly become shaped by digitalization,sustainability concerns,and fragile supply chains.For Indonesia,Southeast Asia’s largest economy and one of its most demographically dynamic,CAFTA 3.0 offers a framework that could materially strengthen its long-term economic position,if navigated with care and intent.展开更多
文摘The shift to the China-ASEAN Free Trade Area(CAFTA)3.0 version marked more than just a technical update to an existing trade agreement.It signaled a recalibration ofregional economic cooperation as global trade has increasingly become shaped by digitalization,sustainability concerns,and fragile supply chains.For Indonesia,Southeast Asia’s largest economy and one of its most demographically dynamic,CAFTA 3.0 offers a framework that could materially strengthen its long-term economic position,if navigated with care and intent.