Core Viewpoint - The St. Petersburg International Commodity Exchange has signed a memorandum of understanding with Pakistan's KMAK Group to promote exchange trading following a meeting of the Russia-Pakistan Trade and Investment Working Group [1] Group 1: Trade Developments - Wheat has been identified as one of the first export commodities for Russia, while rice is set to be one of the first import commodities for Pakistan [1] - Other potential commodities for cross-border trading between Russia and Pakistan include energy, other agricultural products, mineral fertilizers, forest products, and primary metallurgical products [1] Group 2: Certification Process - KMAK Group is currently undergoing the qualification certification process with the St. Petersburg Exchange [1] - Upon successful certification, KMAK Group will be granted the status of "non-resident broker," allowing it to represent the interests of Pakistani enterprises in pilot exchange trading [1]