Ministry of International Trade and Industry


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Ministry of International Trade and Industry

A former cabinet-level department of the Japanese government. It was responsible for directing private investment and setting business policy. Because garnering favor with the ministry was key to success in business, it was considered one of the most powerful Japanese ministries. It was merged into the Ministry of Economy, Trade and Industry in 2001.
References in periodicals archive ?
By invitation of Future Electron Devices, an organization related to the Ministry of International Trade and Industry (MITI) of Japan, six members of Nanoparticles Applications Center (NAC) of Texas State University will address the International Meeting on Education and R&D Management in Tokyo, Japan on July 23rd and 24th, 2003.
The primary contenders in the battle are the Ministry of Posts and Telecommunications and the Ministry of International Trade and Industry.
Based on the results of research in the application of RLSA (radial line slot antenna) microwave plasma to the semiconductor process, which was initiated at Tohoku University's Ohmi Laboratory in 1995, this development was commissioned to the Association of Super-advanced Electronics Technologies, a technological research union, as a NEDO project following the compilation of the third round of 1998 supplementary budgets for the Ministry of International Trade and Industry (current Ministry of Economy, Trade and Industry) with the aim of commercializing semiconductor production equipment.
According to a study by Japan's Ministry of International Trade and Industry (MITI), Japanese B2B transactions are expected to balloon from $86 billion to $680 billion between 1998 and 2003(1).
Supported by their sales and implementation partner, Custom Technology Corporation, Viewlocity aims to help companies address their integration challenges, and take advantage of the enormous benefits of B2B e-commerce, which Japan's Ministry of International Trade and Industry estimated will grow over seven-fold from JPY$9 trillion in 1998 to JPY$68 trillion by 2003.
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