The Securities and Exchange Commission of Pakistan (SECP) met with the Board of Directors of the Pakistan Mercantile Exchange (PMEX) to review PMEX’s strategy for developing Pakistan’s commodities futures market and to discuss priorities for regulatory and market development. PMEX presented its strategic plan, including growth priorities for the commodities futures market and proposals for improved oversight and risk management. The discussion covered challenges to market development and options to address them, with a focus on strengthening the regulatory framework, governance, transparency, enabling agricultural commodity futures trading, widening participation by farmers, traders and financial institutions, and advancing the use of Electronic Warehouse Receipts to support a more efficient commodities market.