Chiang Mai gained prominence in the political sphere in May 2006, when the Chiang Mai Initiative was concluded here between the ASEAN nations and the "+3" countries (China, Japan, and South Korea). Chiang Mai was one of three Thai cities contending for Thailand's bid to host the World Expo 2020 (the others were Chon Buri and Ayutthaya).[1] However, Ayutthaya was the city chosen by the Thai Parliament to register for the international competition