Asian Clearing Union
E187577
The Asian Clearing Union is a regional intergovernmental organization that facilitates multilateral payment settlements and promotes monetary cooperation among central banks in Asia.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Asian Clearing Union canonical | 3 |
Statements (45)
| Predicate | Object |
|---|---|
| instanceOf |
clearing union
ⓘ
regional intergovernmental organization ⓘ |
| abbreviation | ACU ⓘ |
| affiliation | United Nations Economic and Social Commission for Asia and the Pacific ⓘ |
| aim |
to economize on the use of foreign exchange reserves of member countries
ⓘ
to encourage the use of participants’ currencies in regional trade ⓘ |
| cooperatesWith | central banks in Asia ⓘ |
| currencyUsedForSettlement | Asian Monetary Unit ⓘ |
| establishedByTreaty | Agreement establishing the Asian Clearing Union ⓘ |
| focus |
regional payment systems
ⓘ
trade settlement among member countries ⓘ |
| foundedBy | United Nations Economic and Social Commission for Asia and the Pacific ⓘ |
| foundingDate | 1974 ⓘ |
| foundingLocation | Tehran ⓘ |
| geographicScope |
Asia-Pacific
ⓘ
surface form:
Asia-Pacific region
|
| governingBody | Board of Directors ⓘ |
| hasAcronym | ACU ⓘ |
| hasMembershipType | central banks and monetary authorities ⓘ |
| hasOrgan |
Board of Directors
ⓘ
Secretariat ⓘ |
| headquartersCountry | Iran ⓘ |
| headquartersLocation | Tehran ⓘ |
| legalStatus | intergovernmental organization ⓘ |
| member |
People's Republic of Bangladesh (from East Pakistan)
ⓘ
surface form:
Bangladesh
Bhutan ⓘ India ⓘ Iran ⓘ Maldives ⓘ Myanmar ⓘ Nepal ⓘ Pakistan ⓘ Sri Lanka ⓘ United Arab Emirates ⓘ |
| officialLanguage | English ⓘ |
| purpose |
facilitation of multilateral payment settlements among member countries
ⓘ
promotion of monetary cooperation among central banks in Asia ⓘ reduction of use of extra‑regional currencies in intra‑regional trade settlements ⓘ |
| regionServed | Asia ⓘ |
| sector |
international finance
ⓘ
payments and settlements ⓘ |
| settlementMechanism | multilateral netting of eligible transactions ⓘ |
| supervisedBy | member central banks ⓘ |
| typeOfOrganization | central bank cooperation mechanism ⓘ |
| website | https://www.asianclearingunion.org ⓘ |
| workingLanguage | English ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Asian Clearing Union Description of subject: The Asian Clearing Union is a regional intergovernmental organization that facilitates multilateral payment settlements and promotes monetary cooperation among central banks in Asia.
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.