The Minister of Commerce, Industry & Sports primarily formulates, implements and monitors the Foreign Trade Policy (FTP) which provides the basic framework of policy and strategy for promoting exports and trade. Trade Policy is periodically reviewed to incorporate changes necessary for emerging economic scenarios both in the domestic and international economy. The Minister is responsible for overseeing multilateral and bilateral commercial relations, export promotion and trade facilitation, and development and regulation of export industries and commodities.

The Woodlandia Ministry of Commerce, Industry & Sports was created on 12 March 2019.

The Ministry is organized into 3 Departments:

• Industry - implies all the activities that are concerned with the conversion of raw materials into finished goods for consumers

• Commerce - aims at providing/exchanging goods and services globally for value

• Sport - all related sports activities of Woodlandia

COMMERCE & INDUSTRY

Woodlandia Commerce and Industry is controls the provision of goods and services. The industry is defined as an economic activity and all about the production of Woodlandia goods, whereas commerce is described as a business activity and focuses on the distribution of Woodlandia goods and services.

Industry

The term ‘industry’ is used to denote those activities which involve the use of mechanical appliances and technical skills, i.e. activities with the manufacturing, production, and processing of products. The activities covered under Woodlandia industry are as under:

• Extraction of materials such as coal, petroleum etc.

• Conversion of raw materials into useful goods like soaps, fans, cement, etc.

• Construction of buildings, dams, roads etc.

The industry represents a group of factories, specialized in a specific product line.

1. Primary Industry: Industry concerned with obtaining and providing natural raw materials like mining, agriculture or forestry.

2. Secondary Industry: Industry engaged in conversion activities, i.e. converting raw material provided by primary industry, into finished products.

Commerce

The term ‘commerce’ revolves around the buying and selling of goods or services for value (cash or trade) on a large scale, between businesses or entities, from one place to another. The purchase or sale of a particular item is known as a transaction, but commerce refers to all transactions associated with the buying and selling of the item in an economy. It covers the distribution aspect of business, i.e. it facilitates consumption process by providing proper distribution channel. Therefore, ensures the availability of goods and services to the customers, at the right time and place. It is broadly classified into two activities:

1. Trade: the process of buying and selling of goods and services for money.

2. Trade Auxiliaries: All the activities which assist trade directly or indirectly are auxiliaries to trade, including transportation, warehousing, banking & finance, advertising, insurance and so on.

SPORT

• See Woodlandia Sport for all information relating to sport in Woodlandia.

In the Principality of Woodlandia, a mandate letter is a written letter from HRH the Prince of Woodlandia to his/her Ministers, which outlines the expectations and required fulfillment expected of them during their time as Minister. 

Below is a copy of the Mandate Letter Written to the Minister of Commerce, Industry & Sports, by HRH Sovereign Prince Shawn.

Letter Not Available

• The Ministry oversaw the participation of the Principality of Woodlandia during the 2022 MicroOlympics, in which Woodlandia won the 3rd place Bronze medal.