Sanskrit mitra means an alliance, a compact, and by extension the person you have one with. It is an ordinary noun in constant use, and the god carries the same name without modification. That is unusual even inside the Vedic pantheon, where names are often transparent but rarely this transparent, and it settles what kind of power he is. Mitra is not a god who happens to be interested in agreements. He is the agreement, addressed.
The single hymn of the Rigveda given to Mitra alone is short, and almost everything else said about him is said in the dual, Mitra-Varuna, the two named as one unit. The pairing is not decoration. Between them they hold rta, the true ordering of things, and the division of labour drawn by later readers is that Varuna is the terrible side, the one whose cords hold a guilty man, and Mitra the side that is present in the transaction itself, the one who gathers people and makes them keep to what they said. A Vedic verse credits him with settling people in their places and making them speak with one voice.
He is a god of sovereignty rather than nature, and that puts him in the group that gives the Adityas their character. They are called kings, they are said to be free of deceit, and they are asked for release from guilt. Nothing in the hymns to Indra sounds like that. It is why the Adityas keep a distinctly moral tone across a body of poetry that is otherwise about rain, cattle, victory and soma.