| Multi Commodity Exchange of India (MCX) has signed a memorandum of understanding (MoU) with Mozambique Commodities Exchange (also known as Bolsa De Mercadorias De Moçambique (BMM) for strategic co-operation. BMM envisages to develop Mozambican commodity markets ecosystem consisting of energy, base metals and agricultural products to deliver better value for the stakeholders.
As, MCX intends to help the Mozambique exchange realise potential behind its resource-rich economy through sharing market and capacity development expertise. Both the exchanges plan to share knowledge, research and expertise which is expected to result in opening up of new avenues for mutual cooperation...........................................Full Article: Source
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