The Chiang Mai initiative in Asia may ultimately also produce a regional zone of deep integration around an Asian monetary fund.

在亚洲，清迈提倡应该最终建立一个拥有统一亚洲货币的区域。

youdao

In 2000 ASEAN along with China, Japan and South Korea launched a multilateral arrangement of currency swaps, the Chiang Mai Initiative.

ECONOMIST: Regional economic integration has a long, long way to go

The first go at co-operation, the Chiang Mai Initiative of 2000, was to expand and formalise a network of bilateral swap agreements between central banks, under which they promised to provide each other with liquidity.

ECONOMIST: Banyan