Borsa Istanbul (BIST) and Pakistan Mercantile Exchange Limited (PMEX) have signed a memorandum of understanding that establishes the framework of cooperation in upcoming periods. A press release on the BIST website said that both sides aim to share information and expertise as well as developing long term business relation. Borsa Istanbul Vice General Manager Mustafa Yılmaz remarked in the announcement that the singing of memorandum of understanding will pave the way for both sides to develop beneficial lines of business. PMEX is a Pakistan-based commodity exchange market where precious metals, oil and agricultural goods are traded.
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