Iran, Kazakhstan mercantile exchanges ink MOU

TEHRAN,Oct.16(MNA) - Mercantile exchanges of Iran and Kazakhstan signed a memorandum of understanding in Tehran on Monday. The MOU will promote cooperation of the two sides in exchanging experiences in the fields of training and technology, holding joint seminars, and expanding commodity markets in both countries. Iran Mercantile Exchange is a commodities exchange located in Tehran, Iran. It was founded in 2006. IME trades in agricultural, industrial and petrochemical products in the spot and futures markets. Kazakhstan mercantile exchange trades construction materials, grains, coal, minerals, and concrete products.