A delegation of Japanese trading house, Mitsubishi Corporation, visited Pakistan Mercantile Exchange Limited (PMEX) to get acquainted with the operations of the Exchange and to gain a better understanding of commodities trading in Pakistan. Mitsubishi Corporation Resource to Market International is a subsidiary of the Metals Group of Mitsubishi Corporation and is the group's trading arm. It is currently surveying the potential of Pakistan as a market for their metals and resources business.
The delegation was led by Hisashi Ikeda, General Manager/Senior Business Development Officer, Mitsubishi Corporation (Singapore). The other dignitaries of the delegation included senior officials of Mitsubishi Corporation Karachi Branch Tomoyuki Hashizume, Deputy General Manager, Taichi Arioka, Senior Business Manager, Shahzad Shabbir, Manager (Metals Department) and Asim Gul, Management Trainee (Metals Department). PMEX officials welcomed the members of the delegation and briefed them about the Exchange's integrated business model, technology infrastructure, legal & regulatory framework and existing and upcoming products. The briefing was followed by a tour of the PMEX office. Speaking on the occasion, Ejaz Ali Shah, Managing Director of PMEX said, "It is honour to receive the delegation of one of the largest trading house of Japan and the keen interest in the operations of Pakistan's only multi-commodities futures exchange."-PR
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