MITI, or the Ministry of International Trade and Industry, is a government agency in Malaysia responsible for formulating and implementing policies related to international trade and industrial development. Established in 1972, its primary goal is to promote economic growth by enhancing the competitiveness of Malaysian industries in the global market. The ministry plays a crucial role in facilitating trade agreements, attracting foreign investment, and supporting local businesses. It also oversees various initiatives aimed at improving the country's industrial capabilities and fostering innovation, ensuring that Malaysia remains a key player in the global economy.