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  5. As a Review of the Organization, METI Revises the Ordinance on the Organization of the Ministry of Economy, Trade and Industry

As a Review of the Organization, METI Revises the Ordinance on the Organization of the Ministry of Economy, Trade and Industry

June 25, 2024

On June 25, 2024, a Cabinet Decision was made on the Cabinet Order for Partial Revision of the Ordinance on the Organization of the Ministry of Economy, Trade and Industry (METI) and the Order for the Industrial Structure Council, aiming to ensure that METI appropriately carries out the affairs under its jurisdiction. The main points of the revision are as follow.

The Orders are scheduled to be promulgated on Friday, June 28, 2024, and come into effect on Monday, July 1, 2024.

1. Enhancing the system for promoting external economic policies and economic security policies

METI aims to improve the system for integrally designing and implementing trade strategies and economic cooperation measures and for enhancing efforts for ensuring economic security. To this end, METI will conduct the following efforts:

2. Improving the system for promoting innovation and green transformation (GX)

METI aims to improve the system for supporting the promotion of innovation and the creation and fostering of startups and for planning and designing policy-based support involving the promotion of GX. To this end, METI will conduct the following efforts:

3. Other efforts

METI will also conduct the following efforts:

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Division in Charge

Policy Planning and Coordination Division, Minister’s Secretariat