Ministry Of International Trade And Industry Japan

Meti has a long history from the postwar years of recovery to the present day.

Ministry of international trade and industry japan. In 1949 the ministry of commerce and industry was reorganized and the ministry of international trade and industry was established. Miti was created 1949 and charged with coordinating international trade policy with other groups such as the bank of japan the economic planning agency and the various commerce related cabinet ministries. Japan s ministry of international trade and industry miti was formed in 1949 from the union of the trade agency and the ministry of commerce and industry in an effort to curb postwar inflation. Ministry of international trade and industry.

Therefore its history is the history of japan s progress. It was created by the 2001 central government reform when the ministry of international trade and industry miti merged with agencies from other ministries related to economic activities such as the economic planning agency. Miti held primary responsibility for formulating and implementing international trade policy although it did so by seeking a consensus among interested parties. At the height of its influence it ran japan as a centrally managed economy funding research and directing investment.

Key areas of international relations included international trade strategic planning and legal advisory on international business industrial development management services and internal auditing. In 2001 its role was taken over by the newly created ministry of economy trade and industry meti. The ministry of international trade and industry 通商産業省 tsūshō sangyō shō or miti was one of the most powerful agencies of the government of japan at the height of its influence it effectively ran much of japanese industrial policy funding research and directing investment. The ministry of international trade and industry had major divisions which were critical in enhancing japan s international agenda.

Ministry of economy trade and industry jcn 4000012090001 1 3 1 kasumigaseki chiyoda ku tokyo 100 8901 japan tel. Meti has a history of responding to the changing needs of society. Meti has been transforming itself to respond to the needs of the times. The single most powerful agency in the japanese government during the 1950s and 1960s.