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 |
How this entity was disambiguated
This entity first appeared as the object of triple T1658456 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Asian Clearing Union Context triple: [Central Bank of Iran, memberOf, Asian Clearing Union]
-
A.
International Clearing Union
The International Clearing Union was a proposed post–World War II global financial institution designed by John Maynard Keynes to manage international trade imbalances through a supranational currency and automatic adjustment mechanisms.
-
B.
Asian Development Bank
The Asian Development Bank is a regional multilateral development finance institution that promotes economic growth and cooperation in Asia and the Pacific through loans, grants, and technical assistance.
-
C.
Far Eastern Commission
The Far Eastern Commission was an international Allied body established after World War II to oversee and formulate policy for the occupation and reconstruction of Japan.
-
D.
Association of Southeast Asian Nations
The Association of Southeast Asian Nations (ASEAN) is a regional intergovernmental organization comprising Southeast Asian countries that promotes political and economic cooperation, regional stability, and economic integration.
-
E.
Indian Ocean Rim Association
The Indian Ocean Rim Association is an intergovernmental organization that promotes regional cooperation and sustainable development among countries bordering the Indian Ocean.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Asian Clearing Union Target entity description: The Asian Clearing Union is a regional intergovernmental organization that facilitates multilateral payment settlements and promotes monetary cooperation among central banks in Asia.
-
A.
International Clearing Union
The International Clearing Union was a proposed post–World War II global financial institution designed by John Maynard Keynes to manage international trade imbalances through a supranational currency and automatic adjustment mechanisms.
-
B.
Asian Development Bank
The Asian Development Bank is a regional multilateral development finance institution that promotes economic growth and cooperation in Asia and the Pacific through loans, grants, and technical assistance.
-
C.
Far Eastern Commission
The Far Eastern Commission was an international Allied body established after World War II to oversee and formulate policy for the occupation and reconstruction of Japan.
-
D.
Association of Southeast Asian Nations
The Association of Southeast Asian Nations (ASEAN) is a regional intergovernmental organization comprising Southeast Asian countries that promotes political and economic cooperation, regional stability, and economic integration.
-
E.
Indian Ocean Rim Association
The Indian Ocean Rim Association is an intergovernmental organization that promotes regional cooperation and sustainable development among countries bordering the Indian Ocean.
- F. None of above. chosen
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.