Ministry of Economy, Trade and Industry

The Ministry of Economy, Trade and Industry (METI) is a key governmental body in Japan responsible for developing and overseeing the country's industrial and trade policies. Established in 2001 through a merger of the Ministry of International Trade and Industry with other related agencies, METI plays a crucial role in promoting economic vitality, supporting private sector growth, and enhancing external economic relationships. The ministry also focuses on ensuring energy security and the efficient supply of mineral resources. Headquartered in Tokyo, METI is often regarded as a "human resource agency" for its influential leaders drawn from politics, business, and academia. As of the current date, Yoichi Miyazawa serves as the Minister of Economy, Trade and Industry, guiding the agency's initiatives and policies.