Ministry of International Trade and Industry (Malaysia)

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Ministry of International Trade and Industry
Kementerian Perdagangan Antarabangsa dan Industri
The Federal Government of Malaysia
Minister Mustapa Mohamed
Deputy Minister Hamim Samuri
Secretary General Rebecca Fatima Sta Maria
Established date April 1956
Key agencies
Location Kuala Lumpur
Website www.miti.gov.my

The Ministry of International Trade and Industry (MITI) is a government ministry that is responsible determining the policies and direction to achieve the goals of International Trade and Industries. The ministry has its headquarters in Block 10 of the Government Offices Complex in Kuala Lumpur.[1] It is the only ministry that has not moved to Putrajaya.[2]

Background[edit]

The Ministry of Commerce and Industry was established in April 1956 and situated in Government Office, Jalan Raja. The Ministry was then renamed the Ministry of Trade and Industry in February 1972. On 27 October 1990, the Ministry was separated into two Ministries which are: Ministry of International Trade and Industry (MITI); and Ministry of Domestic Trade and Consumer Affairs (KPDN).

Objective[edit]

To plan, legislate and implement international trade and industrial policies that will ensure Malaysia’s rapid development towards achieving National Economic Policy and Vision 2020.

Functions[edit]

To plan, formulate and implement policies on industrial development, international trade and investment. To encourage foreign and domestic investment. To promote Malaysia’s exports of manufacturing products and services by strengthening bilateral, multilateral and regional trade relations and cooperation. To enhance national productivity and competitiveness in the manufacturing sector.

References[edit]

  1. ^ "Contact Us." Ministry of International Trade and Industry. Retrieved on 1 January 2014. "Ministry of International Trade and Industry Block 10, Government Offices Complex, Jalan Duta, 50622 Kuala Lumpur Malaysia" - Malay: "Kementerian Perdagangan Antarabangsa dan Industri Blok 10, Kompleks Pejabat Kerajaan, Jalan Duta, 50622 Kuala Lumpur Malaysia "
  2. ^ "Malaysian envoy acclaims Sejong City." (Archive) The Korea Times. 23 September 2012. Retrieved on 1 January 2014.

External links[edit]