The Ministry coordinates sector-specific development in areas such as agriculture (crop production, animal husbandry, and food processing), phytosanitary and veterinary safety, water resources, fisheries, forestry, information and communications, transport, logistics, housing infrastructure, oil and gas, petrochemical, nuclear and coal industries, electric power, renewable energy, the green economy, municipal solid waste, ecology, and space industry. It is responsible for setting strategic objectives, priorities, and main directions for economic development within its industrial and innovative development mandate, as well as tariff policy within natural monopolies and regulated markets.