The Central Bank of the Republic of China announced that Governor Pan Gongsheng met Bank of Thailand Governor Sethaput Suthiwartnarueput and, with State Council approval, signed a third extension and amendment to the Renminbi–Thai baht bilateral local-currency swap agreement. The swap line size is CNY 70 billion (THB 370 billion). The agreement is valid for five years and may be extended by mutual consent. The meeting also covered the global economic and financial outlook and broader China–Thailand financial cooperation; Deputy Governor Xuan Changneng attended.