Ministry of Commerce and Industry (India)

The Ministry of Commerce and Industry administers two departments, the Department of Commerce and the Department of Industrial Policy & Promotion. The head of the Ministry is a Minister of Cabinet rank. The incumbent Minister of Commerce and Industry (Independent Charge) is Nirmala Sitharaman, who has held the post since 27 May 2014.

Department of Commerce

The department is entrusted with formulating and implementing the foreign trade policy and responsibilities relating to multilateral and bilateral commercial relations, state trading, export promotion measures, and development and regulation of certain export oriented industries and commodities.

In order for the smooth functioning, the Department is divided into eight divisions:

The subjects under the administrative control of the Department include:

Ministry of Trade and Industry

Ministry of Trade and Industry or Ministry of Commerce or variations is a ministry that is concerned with a nation's trade, industry and commerce.

Notable examples are:

Ministry of Commerce and Industry (Japan)

The Ministry of Commerce and Industry (商工省, Shōkōshō) was a cabinet-level ministry in the government of the Empire of Japan from 1925-1947. It was created from the Ministry of Agriculture and Commerce (農商省, Nōshōshō), and was briefly merged with the Ministry of Agriculture and Forestry to reestablish that Ministry during World War II.

History

The original Ministry of Agriculture and Commerce was created on 7 April 1881, initially under the Meiji Daijō-kan Cabinet, and then under the Meiji Constitution. It combined the Bureaus of Agriculture, Forestry, Natural History and post station maintenance which were formerly directly under the Prime Minister with the Bureau of Commerce formerly under the control of the Ministry of Finance.

On 1 April 1925, under Prime Minister Takahashi Korekiyo, the Ministry of Agriculture and Commerce was divided into the Ministry of Agriculture and Forestry, and the Ministry of Commerce and Industry. The division was a result of long-standing acrimony within the ministry between the “commerce” portion of the ministry, which sought expanded overseas trade, and the protectionist “agriculture” portion of the ministry which sought to ban imports of food, especially rice.

Ministry of Commerce (Iran)

The Ministry of Commerce of Iran was the main organ of the Government in charge of the regulation and implementation of policies applicable to domestic and foreign trade. This includes:

The Ministry of Commerce was also in charge of managing the process of accession to the WTO.

Trade Promotion Organization

The Trade Promotion Organization is affiliated to the Ministry of Commerce. It is in charge of promoting non-oil exports in Iran. It has close ties to the Institute of Standards and Industrial Research of Iran. Iran will increase its commercial attachés abroad from 11 to 30 in 2014.

Export Guarantee Fund of Iran

Affiliated to the Ministry of Commerce, the Export Guarantee Fund of Iran has been established in order to expand and promote exports, to protect exporters against non-commercial risks, which are normally not covered by the insurance companies, and to guarantee credits used for export of such goods and services.