The KOMEX mandate is derived from Executive Order No. 2 of 2023 which places KOMEX under the State Department for Trade, Ministry of Investments, Trade and Industry.
KOMEX is mandated to develop, promote, manage and operate a transparent, regulated and structured trading system for standardised quality assured agricultural and non-agricultural commodities while safeguarding the interests and rights of producers, traders, consumers and buyers, and facilitating access to markets, market information, trade finance, trade support services, price discovery and commodities securitisation under the Warehouse Receipt System.