Minister of Trade

Minister of Trade is a position in a government that is responsible for the country’s trade policy.

The main task of a Minister of Trade is to carry out government affairs in the trade sector to assist the President in administering the country’s government.

Functions of the Minister of Trade

Reporting from the official website kemendag.go.id, the functions of the Minister of Trade of the Republic of Indonesia are as follows:

1. Formulation, determination and implementation of policies in the areas of strengthening and developing domestic trade, consumer protection and trade order, foreign trade, increasing market access for goods and services in international forums, developing national exports, as well as development, guidance and supervision in the field of trade commodity futures, warehouse receipt systems, and commodity auction markets;
2. Coordinating the implementation of tasks, coaching and providing administrative support to all organizational elements within the Ministry of Trade;
3. Management of state property or wealth which is the responsibility of the Ministry of Trade;
4. Supervision of the implementation of tasks within the Ministry of Trade;
5. Implementation of technical guidance and supervision over the implementation of policies in the areas of strengthening and developing domestic trade, consumer protection and orderly trade, foreign trade, development of national exports, development of warehouse receipt systems, and commodity auction markets; And
6. Implementation of substantive support to all elements within the Ministry of Trade. 

As a leader in the field of trade, the Minister of Trade usually works closely with relevant institutions and international trade partners to ensure the country can obtain maximum economic benefits from trade activities. They are also involved in negotiating international trade agreements, overseeing the implementation of trade regulations, and resolving trade disputes between countries.

Although the role and responsibilities of a Minister of Trade may vary by country, the general goal is to strengthen the national economy through the promotion of fair trade, opening up new market access, reducing trade barriers, and protecting against unfair trade practices.

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