OREANDA-NEWS. August 7, 2012. The delegation of Iran Mercantile Exchange (IME) headed by its President and CEO Mr. Hossein Panahian paid a visit to Belarusian Universal Commodity Exchange OJSC (BUCE) aimed at developing co-operation between the exchanges.

In the course of the visit IME representatives got acquainted with general aspects of BUCE’s activity, operation of trading sections and discussed possibilities of practical implementation by Iranian companies of what the electronic trading platforms have to offer in terms of increased efficiency of trade and procurement transactions and enhancing bilateral trade.

Following the results of the meeting BUCE and IME signed Memorandum of understanding that provides for studying and experience sharing on the use of electronic and exchange trade tools, determining perspective commodities for the parties’ markets as well as involving the clients of BUCE and IME in mutual trade.