It adopted the Chiang Mai Ini7a7ve for bilateral currency swaps
among the member states in 2000
• Gradually, the APT was steered, notably by China and Japan, to
deal with poli6cal , security and transna6onal issues
• For example, the APT was used to deal with non-tradi7onal
security issues like the SARS outbreak, piracy and terrorism
• Similar to ARF, the APT is supported by track two organiza7ons
• Among these are the Network of East Asian Think-tanks(NEAT)
and East Asia Forum (EAF) launched in 2003