Securities and Exchange Organization of Iran and the Montenegrin Securities and Exchange Commission (SECMN) will sign a memorandum of understanding by Friday.
The Mehr News Agency reported that the MOU will be inked on the sidelines of the 35th annual conference of the International Organization of Securities Commissions (IOSCO) in Montreal, Canada.
The Securities and Exchange Organization of Iran's head will attend the meeting.
In the past four years the Securities and Exchange Organization of Iran have signed seven MOUs with capital markets of Malaysia, Indonesia, Kyrgyzstan, Oman, Pakistan, Brazil and the Philippines.
The Iranian organization also has signed two MOUs with the Islamic Development Bank and the Malaysian International Center for Education in Islamic Finance in order to boost its international activities.
The organization plans to sign four more MOUs with capital markets of Azerbaijan, Thailand, Macedonia, and Bolivia in near future.