28 January 2016

Setting up of a Mauritius Commodities Exchange

The Government of Mauritius has taken note of developments in the setting up of a Mauritius Commodities Exchange, with the assistance of the Dubai Multi Commodities Centre (DMCC).

Following meetings that the Minister of Financial Services, Good Governance and Institutional Reforms had with the Executive Chairperson and CEO of DMCC, the latter has agreed to assist in the setting up of the Spot Trading Market for Gold, Diamond and other precious metals in Mauritius, and provide necessary guidance in developing rules/regulations and other soft infrastructure to support the Trading Market.

The objective in setting up the Market is to create a new segment in precious metals and stones trading, processing and storage by leveraging the current ecosystem as an internationally recognised financial centre of substance. The Spot Trading platform would be based in the new business park in Rose Belle.

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