Ministry of Trade and Industry
The Ministry of Trade and Industry is a government department responsible for promoting economic growth and development through trade and industrial policies. It works to create a favorable business environment, support local industries, and enhance international trade relations. The ministry often collaborates with various stakeholders, including businesses and trade associations, to implement effective strategies.
Additionally, the ministry oversees regulations and standards that ensure fair competition and consumer protection. It may also provide resources and support for small and medium-sized enterprises (SMEs) to help them thrive in the market. Overall, the ministry plays a crucial role in shaping a nation's economic landscape.