The Ministry of Economic Development also known by the acronym MED is the ministry within the Tresario Star Kingdom that is responsible for the economic welfare of the Kingdom. It oversees the Kingdom financial and economic policy, production, energy and mineral, industry and trade law as well as research and technological development.
The Ministry is the central executive body responsible to the King and the Premier. It objective is creating a favorable environment for economic development and growth, establishing land management system, encouraging investment activity, developing entrepreneurship and industry, regulating the licensing and permit system, protecting the rights of consumers, ensuring full and timely introduction of taxes and other mandatory payments and stimulating a major national effort to bring advanced technology and new innovations.
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