Piyush Goyal has stressed the need to address the imbalances arising from the Uruguay Round in ongoing discussions at the World Trade Organization.
Speaking at the 14th Ministerial Conference (MC14) in Yaoundé, he said all member nations must receive equal opportunities to enhance productive capacity, create jobs, and ensure meaningful participation in global trade.
India Pushes for Inclusive Innovation and Development
The Commerce Minister emphasized that the multilateral trading system should ensure that innovation, development, and economic opportunities are shared equally among all WTO members.
Piyush Goyal reiterated that India remains committed to engaging constructively so that the WTO continues to play a central role in global trade governance.
Key Trade Talks with US at WTO Sidelines
On the sidelines of the conference, Goyal held important discussions with Jamieson Greer.
According to the minister, the meeting focused on:
- WTO MC14 agenda
- Next steps in India-US BTA negotiations
- Strengthening economic cooperation
- Deepening bilateral trade relations
This meeting is seen as significant for boosting India-US trade ties amid evolving global trade dynamics.
India-Canada CEPA Progress Reviewed
The minister also met Maninder Sidhu to review the progress of the recently launched India-Canada CEPA (Comprehensive Economic Partnership Agreement) negotiations.
Both sides discussed ways to further strengthen bilateral trade and economic cooperation.
India-New Zealand FTA and Investment Talks
During his meeting with Todd McClay, Goyal reviewed progress on the agenda and ongoing work related to the recently concluded India-New Zealand Free Trade Agreement (FTA) discussions.
The talks also focused on enhancing bilateral trade, investment, and cooperation in key sectors of mutual interest.
Bilateral Meetings with Morocco, Jamaica and Others
Piyush Goyal also held meetings with:
- Omar Hejira
- Dwight Bramble
- Kamina Johnson Smith
These discussions focused on strengthening trade and investment partnerships and reaffirming India’s long-standing diplomatic and economic ties.
India’s Strong Push for Fair Trade Reforms
India’s position at WTO MC14 reflects its broader strategy of advocating for a fairer, development-oriented, and inclusive global trade system, while simultaneously expanding bilateral trade partnerships with major economies.
