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 ?
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.
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