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NSEL inks pact with Belarus Commodity Exchange

Posted on 16 November 2012

Financial Technologies promoted National Spot Exchange (NSEL), India’s largest electronic commodity spot exchange, has signed a memorandum of understanding (MoU) with Belarusian Universal Commodity Exchange (BUCE), the largest Commodity Spot Exchange in Belarus for facilitating trade with countries in the eastern Europe.
The MoU will help Indians export a number of agri commodities to Belarus where BUCE would provide counter guarantee for developing markets and booking orders. In India, however, NSEL would guarantee the quality and quantity on behalf of individual exporters………………………………………..Full Article: Source

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