Upgraded ATIGA Modernizes Trade, but Border-Closure Risk Still Threatens Thailand-Plus-One Supply Chains
The source argues that ASEAN’s upgraded ATIGA (agreed October 2025) improves transparency and digitization but lacks binding mechanisms to prevent physical border closures from disrupting regional production networks. The May 2025 Thailand–Cambodia border closure is presented as a stress test showing that political disruptions, not routine trade frictions, are the primary risk to Thailand-Plus-One supply chains.