Міністерство економрозвитку і торгівлі | |
Agency overview | |
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Formed | May 1991 (as Ministry of Economy of Ukraine) |
Preceding agencies |
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Jurisdiction | Government of Ukraine |
Headquarters | 12/2, M. Hrushevsky st, Kyiv, Ukraine, 01008[1] |
Minister responsible |
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Child agencies |
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Website | Official website |
The Ministry for Development of Economy and Trade (Ukrainian: Міністерство економрозвитку і торгівлі України) is the main authority in the system of central government of Ukraine responsible for formation and realization of state economic and social development policies (business economics); regulation of consumer prices; industrial, investment and trade economic policies; development of entrepreneurship; technical regulation and security of consumer rights; inter-agency coordination of economic and social cooperation of Ukraine with the European Union. In 2019-2020 it also encompassed functions of the Ministry of Agrarian Policy and Food.
The ministry is based on the former Ministry of Economy,[2] taking its origin from the Planning Commission of the Ukrainian SSR. Over the years it included such former ministries as Ministry of Trade and Ministry of Foreign Economic Relations. Activities of the current ministry are coordinated by the Cabinet of Ministers of Ukraine.