Piyush Goyal calls for WTO reforms to be carried out through a transparent, inclusive and Member-driven process, keeping development at its core

Need for upholding the foundational principles and objectives of the WTO, mainly non-discrimination, consensus-based decision making and equity: Shri Goyal

CIM calls on the Hon’ble Prime Minister of Cameroon, H.E. Mr. Dion Ngute Joseph and hold talks with DG-WTO

The 14th Ministerial Conference of the World Trade Organisation opened in Yaounde, Cameroon, on 26 March 2026 with a ceremonial session chaired by the Trade Minister of Cameroon. The session was attended by Dr Ngozi Okonjo-Iweala, DG, WTO, and Trade Ministers/Senior representatives of the WTO member countries. On behalf of India, Commerce Secretary Shri Rajesh Agrawal attended the opening session. The opening session was followed by a short celebration of the entry into force of the Agreement on Fisheries Subsidies on September 15, 2025.  

Following the Opening ceremony, the Ministers met for a Ministerial Conversation on Foundational Issues of WTO, including its principles. Speaking during the session, Shri Piyush Goyal, Hon’ble Commerce and Industries Minister of India, emphasised that necessary reform of WTO should be carried out through a transparent, inclusive and Member-driven process, keeping development at its core, upholding the foundational principles and objectives of the Organisation, mainly non-discrimination, consensus-based decision making and equity.

On the sidelines of the first day of the MC14 meetings, Shri Goyal called on the Hon’ble Prime Minister of Cameroon, H.E. Mr. Dion Ngute Joseph and discussed bilateral and multilateral issues, including ways to further strengthen India–Cameroon cooperation. Shri. Goyal also held bilateral meeting with Director-General of the WTO with the discussions focusing on the MC14 agenda. HCIM also held bilateral meeting with his counterparts from the Netherlands, France and Ethiopia and exchanged views on deepening bilateral trade ties.

Commerce Secretary, Shri Rajesh Agrawal also held bilateral meetings with his counterparts from Chile, Paraguay, US, Nepal, the Philippines, Saudi Arabia, delegation of EU Parliamentarians, Mexico, Peru, Russia, New Zealand and the EU on the sidelines of MC-14. Discussions focused on MC14 agenda as well as exploring options for enhancing bilateral trade ties. With Chile and Peru, both sides touched base on the ongoing India-Chile FTA negotiations and India-Peru FTA negotiations. With the EU and New Zealand, both sides took stock of the progress towards signing the recently concluded India-EU FTA and India-New Zealand FTA negotiations.

The day ended with ceremonial reception and gala dinner hosted by Cameroon. 

WTO reform through transparent, inclusive member-driven process with development at the core and preserved foundational principles India's participation in the 14th Ministerial Conference of the WTO centred on support for WTO reform through a transparent, inclusive and member-driven process that keeps development at its core. The position emphasised the need to preserve the WTO's foundational principles and objectives, including non-discrimination, consensus-based decision making and equity. Bilateral discussions also addressed the conference agenda and ways to strengthen trade relations.