Ministry Of Commerce
The Ministry of Commerce is a government department responsible for promoting and regulating trade and commerce within a country. Its main functions include formulating trade policies, facilitating international trade agreements, and supporting local businesses. The ministry aims to enhance economic growth by creating a favorable environment for both domestic and foreign investments.
Additionally, the Ministry of Commerce often collaborates with other government agencies, such as the Ministry of Industry and the Ministry of Finance, to ensure a cohesive approach to economic development. It also plays a crucial role in addressing trade-related issues, such as tariffs and trade disputes, to protect national interests.