Piyush Goyal Leads Indian Delegation at WTO MC14
ECONOMY & POLICY

Piyush Goyal Leads Indian Delegation at WTO MC14

The 14th Ministerial Conference of the World Trade Organisation (MC14) opened in Yaounde, Cameroon, on 26 March 2026 with a ceremonial session chaired by the Trade Minister of Cameroon. The session was attended by the Director-General of the World Trade Organisation (DG, WTO) and trade ministers and senior representatives of member countries. On behalf of India the Commerce Secretary Shri Rajesh Agrawal attended the opening session. The opening ceremony included a brief celebration of the entry into force of the Agreement on Fisheries Subsidies on 15 September 2025.

Following the opening session ministers convened for a ministerial conversation on foundational issues of the World Trade Organisation, including its principles. The Commerce and Industries Minister Piyush Goyal led the Indian delegation and emphasised that reform of the World Trade Organisation should be carried out through a transparent, inclusive and member-driven process that keeps development at its core. He underlined the need to uphold the organisation's foundational principles, notably non-discrimination, consensus-based decision making and equity. The minister also highlighted the importance of ensuring that reform efforts remain inclusive of developing members.

On the sidelines of the first day of MC14 Shri Goyal called on the Prime Minister of Cameroon Dion Ngute Joseph to discuss bilateral and multilateral issues and avenues to strengthen India–Cameroon cooperation. He held a bilateral meeting with the Director-General of the World Trade Organisation to focus on the MC14 agenda and engaged with counterparts from the Netherlands, France and Ethiopia to exchange views on deepening bilateral trade ties. These meetings formed part of a broader diplomatic effort by the Indian delegation to build consensus on key ministerial priorities.

Commerce Secretary Shri Rajesh Agrawal held bilateral talks with counterparts from Chile, Paraguay, the United States, Nepal, the Philippines, Saudi Arabia, Mexico, Peru, Russia, New Zealand and the European Union on the MC14 agenda and ways to enhance trade ties. Discussions with Chile and Peru covered the ongoing India–Chile and India–Peru free trade agreement negotiations and consultations with the European Union and New Zealand reviewed progress towards concluding the India–EU and India–New Zealand negotiations. The day ended with a ceremonial reception and a gala dinner hosted by Cameroon.

The 14th Ministerial Conference of the World Trade Organisation (MC14) opened in Yaounde, Cameroon, on 26 March 2026 with a ceremonial session chaired by the Trade Minister of Cameroon. The session was attended by the Director-General of the World Trade Organisation (DG, WTO) and trade ministers and senior representatives of member countries. On behalf of India the Commerce Secretary Shri Rajesh Agrawal attended the opening session. The opening ceremony included a brief celebration of the entry into force of the Agreement on Fisheries Subsidies on 15 September 2025. Following the opening session ministers convened for a ministerial conversation on foundational issues of the World Trade Organisation, including its principles. The Commerce and Industries Minister Piyush Goyal led the Indian delegation and emphasised that reform of the World Trade Organisation should be carried out through a transparent, inclusive and member-driven process that keeps development at its core. He underlined the need to uphold the organisation's foundational principles, notably non-discrimination, consensus-based decision making and equity. The minister also highlighted the importance of ensuring that reform efforts remain inclusive of developing members. On the sidelines of the first day of MC14 Shri Goyal called on the Prime Minister of Cameroon Dion Ngute Joseph to discuss bilateral and multilateral issues and avenues to strengthen India–Cameroon cooperation. He held a bilateral meeting with the Director-General of the World Trade Organisation to focus on the MC14 agenda and engaged with counterparts from the Netherlands, France and Ethiopia to exchange views on deepening bilateral trade ties. These meetings formed part of a broader diplomatic effort by the Indian delegation to build consensus on key ministerial priorities. Commerce Secretary Shri Rajesh Agrawal held bilateral talks with counterparts from Chile, Paraguay, the United States, Nepal, the Philippines, Saudi Arabia, Mexico, Peru, Russia, New Zealand and the European Union on the MC14 agenda and ways to enhance trade ties. Discussions with Chile and Peru covered the ongoing India–Chile and India–Peru free trade agreement negotiations and consultations with the European Union and New Zealand reviewed progress towards concluding the India–EU and India–New Zealand negotiations. The day ended with a ceremonial reception and a gala dinner hosted by Cameroon.

Next Story
Products

OrnaMatte Brings Premium Matte Finishes to Modern Interiors

Action TESA has introduced OrnaMatte, a curated range of 38 matte finishes designed for contemporary interior surfaces. The new offering combines premium aesthetics with practical performance, reflecting the growing demand for surface solutions that balance design appeal with durability. The company said matte finishes continue to gain popularity for their understated, elegant look across modern interiors. OrnaMatte features anti-fingerprint properties, a velvety satin feel, near-zero gloss and 3H scratch resistance, making it suitable for long-term use in residential and commercial spaces. ..

Next Story
Real Estate

Vestian reports 36% drop in construction activity in Q1

Vestian reported a 36 per cent quarter-on-quarter decline in new office completions to 9.7 million sq ft in Q1 2026, marking the lowest level in the past four quarters amid the West Asia crisis.The slowdown was led by cities such as Bengaluru, Hyderabad and Mumbai, where developers adopted a cautious approach. Hyderabad saw the steepest drop, with completions falling 95 per cent to 0.3 million sq ft from 6.0 million sq ft in the previous quarter.Despite constrained supply, office absorption rose 20 per cent year-on-year to 21.53 million sq ft, driven by sustained demand from global capability ..

Next Story
Real Estate

fäm Properties reports 95% sales in Dubai 2026 supply

Data from DXBinteract shows that 41,015 of 43,217 units due this year have already been sold. Across the 2026–2029 pipeline, 71.45 per cent of 426,182 units have been committed, indicating sustained absorption levels.The analysis highlights strong demand across leading developers, with several reporting near or full sell-outs. Emaar and Meraas have sold over 99 per cent of their 2026 inventory, while Dubai Holding and Meydan projects are fully sold.Commenting on the trend, Firas Al Msaddi, CEO, fam Properties, said, “Dubai continues to demonstrate a level of forward demand that is structur..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement