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The Korea Herald: Amended Chiang Mai Initiative Multilateralisation Agreement Takes Effect, ASEAN and Plus Three Complete Procedures
According to The Korea Herald, citing the Bank of Korea, the amended Chiang Mai Initiative Multilateralisation (CMIM) agreement took effect on Wednesday. The 13 member states of ASEAN and China, Japan, and South Korea have completed the internal procedures required for signing; the amendment received backing at the May 2025 meeting of finance ministers and central bank governors.
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