Question 1

What initiative was launched by ASEAN in 2023 to integrate QR code payment systems across member countries, aiming to reduce dependence on certain currencies for cross-border transactions?

Accepted Answer

ASEAN Integrated QR Code Payment System

Question 2

As of 2024, which country is ASEAN's largest trading partner and also its largest external source of foreign direct investment?

Accepted Answer

United States

Question 3

What is the primary goal of the ASEAN Green Bond Standards, developed by the ASEAN Capital Markets Forum (ACMF)?

Accepted Answer

To facilitate ASEAN capital markets in tapping green finance for sustainable growth.

Question 4

In 2023, ASEAN and which country adopted a Joint Statement on the Establishment of the ASEAN-Japan Comprehensive Strategic Partnership (CSP)?

Accepted Answer

Japan

Question 5

The ASEAN Digital Economy Framework Agreement (DEFA), launched in September 2023, aims to foster digital cooperation and significantly boost ASEAN's digital economy by a projected amount by 2030.

Accepted Answer

US$2 trillion

Question 6

Which of the following is a key pillar of the ASEAN-Japan Follow-up Development Action Plan (FDAP) 2023-2033?

Accepted Answer

Strengthening cyber-physical connectivity.

Question 7

As of 2024, which position does China hold as a trading partner for ASEAN, and what was the two-way merchandise trade volume?

Accepted Answer

Largest, USD 772.4 billion

Question 8

The ASEAN Integrated QR Code Payment System initiative, part of the Local Currency Transaction (LCT) Framework, aims to reduce dependence on which currency for cross-border transactions?

Accepted Answer

US Dollar

Question 9

What is the primary objective of the Framework on ASEAN Supply Chain Efficiency and Resilience, developed in 2024?

Accepted Answer

To lower supply chain costs and improve speed, reliability, and resilience in the region.

Question 10

In the context of green finance, what is the estimated regional funding need for ASEAN by 2030, according to the Climate Finance Access and Mobilization Strategy (2024–2030)?

Accepted Answer

USD 422.16 billion

Question 11

Which initiative, launched by Southeast Asian central banks in 2022, aims to strengthen regional trade, SME growth, and financial inclusion through improved payment connectivity, with a focus on standardizing QR payments?

Accepted Answer

ASEAN Regional Payment Connectivity (RPC)

Question 12

As of 2024, what is the total trade value between ASEAN and the United States, positioning the U.S. as ASEAN's second-largest trading partner?

Accepted Answer

USD 453.19 billion

ASEAN Financial Diplomacy: Navigating Cross-Border Growth, Digital Payments & Green Investments

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