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Ministry of International Trade and Industry - Wikipedia, the free encyclopedia |
 | | MITI was created with the split of the Ministry of Commerce and Industry in May of 1949 and given the mission for coordinating international trade policy with other groups, such as the Bank of Japan, the Economic Planning Agency, and the various commerce-related cabinet ministries. |
 | | MITI has been responsible not only in the areas of exports and imports but also for all domestic industries and businesses not specifically covered by other ministries in the areas of investment in plant and equipment, pollution control, energy and power, some aspects of foreign economic assistance, and consumer complaints. |
 | | It has not managed Japanese trade and industry along the lines of a centrally planned economy, but it has provided industries with administrative guidance and other direction, both formal and informal, on modernization, technology, investments in new plants and equipment, and domestic and foreign competition. |
| en.wikipedia.org /wiki/Ministry_of_International_Trade_and_Industry (782 words) |
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