Mr. Terazawa has served as Vice Minister for International Affairs at the Ministry of Economy, Trade and Industry (METI) since July 2018. He leads all of METI’s international policy operations and represents the ministry in cross-border economic dialogues and negotiations. Mr. Terazawa travels alongside the Prime Minister on overseas missions to advise on industrial and energy policy, as well as international trade and investment issues.
Mr. Terazawa previously served as Director-General of the Commerce and Information Policy Bureau, where he oversaw METI policy related to the information industry, including information technology (IT) and cyber security, and the contents industry.
Prior to this, Mr. Terazawa served as Director-General for Commerce, Distribution and Industrial Safety Policy. Previously, he held a role in the Cabinet Office as executive secretary to the Prime Minister from September 2011 to December 2012.
Earlier in his career, Mr. Terazawa held several key METI posts related to economic policy and international trade policy. He served as Director-General for the Multilateral Trade System Department, Director for North East Asia responsible for trade policy with China, Korea and Mongolia, and as a Special Advisor to the Minister at the Japan External Trade Organization (JETRO) office in New York.
Other career highlights include developing growth strategies and economic stimulus packages following the global financial crisis and the Great East Japan Earthquake while serving as Director for Economic and Industrial Policy Division. During his time as Director of the Finance Division at the Agency for Small and Medium Size Enterprises, he designed and managed government guarantees and loans for SMEs.
Mr. Terazawa is a graduate of the University of Tokyo’s Faculty of Law. He also studied in the United States, earning a MBA at Harvard University.
Mr. Terazawa was born in January, 1961 in Osaka.