As the world’s fifth largest economy with a strong dependency on cross-border trade, supply chains play a pivotal role in ensuring continued growth and prosperity in ASEAN. While the region has successfully navigated various macroeconomic challenges, including geopolitical tensions, a volatile global economy and the lingering repercussions of the COVID-19 pandemic, ASEAN recognises the need to minimise potential risks and mitigate the impact of future disruptions. Maintaining the continuity of supply chain operations is crucial for elevating ASEAN’s position in the global value chain and improving the overall livelihood and well-being of the ASEAN peoples.

Against this backdrop, the Framework on ASEAN Supply Chain Efficiency and Resilience has been developed, aimed at lowering supply chain costs and improving the speed, reliability and resilience of supply chains in the region. By exploring the application of digital technologies, promoting the diversification of supply chains, and enhancing regional coordination and cooperation, the Framework aims to address vulnerabilities exposed by disruptions, ensuring that supply chains remain robust and adaptable. It is formulated based on comprehensive supply chain analyses and extensive consultations with relevant ASEAN stakeholders. The identified priority actions within the framework provide opportunities for ASEAN and external partners to collaborate in strengthening supply chain connectivity and promoting sustainable development.

To learn more, download the full Framework on ASEAN Supply Chain Efficiency and Resilience.