MCX Sign MoU with Mozambique Exchange

2019 ias preliminary exam test series

Multi Commodity Exchange (MCX) has signed an agreement with Mozambique Commodities Exchange also known as Bolsa De Mercadorias De Moçambique (BMM) has signed an Memorandum of undertaking (MOU) for strategic co-operation.

BMM plans to develop commodity market ecosystem consisting of energy, base metals and agricultural products to deliver better value for the stakeholders.

MCX intends to help the Mozambique exchange realise potential behind its resource-rich economy through sharing market and capacity development expertise.

Current Affairs for IAS Exam