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 ?
The R&D projects of future electron devices are conducted under contract with the New Energy and Industrial Technology Development Organization (NEDO) in accordance to Industrial Science and Technology Frontier (ISTF) program and The New Sunshine Program of the Ministry of International Trade and Industry (MITI).
Not to be outdone by the Posts and Telecommunications Ministry, the people at the Ministry of International Trade and Industry have their own advisory panel, the Industrial Structure Council, which has come up with its recommendations, in ''Tasks and Prospect of Economic and Industrial Policy in the 21st Century.
1) "Size of Market Study for Electronic Commerce" (March 1999): Japan's Ministry of International Trade and Industry (MITI)
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.
Masanori Yoshikai, Deputy Director-General, Machinery and Information Industries Bureau, Ministry of International Trade and Industry, Japan;
Department of Commerce, California Trade and Commerce Agency, Los Angeles Area Chamber of Commerce, LA Trade, Los Angeles Regional Technology Alliance (LARTA), World Trade Center Associations of Los Angeles-Long Beach and San Diego, Orange County Business Council, Caltech/MIT Enterprises Forum, Ministry of International Trade and Industry of Japan, Japan Development Bank, and Japan Business Association of Southern California.
Under the direction of the Ministry of International Trade and Industry (MITI), the wholesale distribution system was consolidated under the control of domestic manufacturers and foreign products were almost completely excluded from that system, creating an unfair advantage for Japanese film and paper products.
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