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:
The Ministry of Development, Industry and Foreign Trade (Portuguese: Ministério do Desenvolvimento, Indústria, e Comércio Exterior, abbreviated MDIC) is a cabinet-level federal ministry in Brazil. The current Minister of Development, Industry and Foreign Trade is Armando Monteiro.
The ministry oversees the Brazilian National Bank for Economic and Social Development (BNDES), the National Institute of Industrial Property (INPI), the National Institute of Metrology, Quality and Technology (INMETRO) and the Superintendence of the Manaus Free Trade Zone (SUFRAMA). The minister of Development, Industry and Foreign Trade also chairs the Chamber of Foreign Trade (CAMEX), a 7-ministers of State board linked to the Presidency of the Republic.
The politics of Iceland take place within the framework of a parliamentary representative democratic republic. The President of Iceland is the head of state, while the Prime Minister of Iceland is the head of government in a multi-party system. It is arguably the world's oldest parliamentary democracy.Executive power is exercised by the government. Legislative power is vested in both the government and parliament, the Althing. The Judiciary is independent of the executive and the legislature.
In losing four seats in the April 1995 parliamentary elections, the IP and SDP (so called Viðey government) mustered a simple majority in the 63-seat Althing. However, Prime Minister and IP leader Davíð Oddsson chose the resurgent Progressive Party (PP) as a more conservative partner to form a stronger and more stable majority with 40 seats. Splintered by factionalism over the economy and Iceland's role in the European Union (EU), the SDP also suffered from being the only party to support Iceland's EU membership application.