Home India Ministry of Commerce and Industry Union Minister of Commerce and Industry holds bilateral meet...
Date: 2026-03-29 Category: Press Release State: Union Government Country: India

Union Minister of Commerce and Industry holds bilateral meeting with UK Secretary of State for Business and Trade Mr Peter J Kyle on the sidelines of WTO MC-14 in Yaounde, Cameroon

Issued by Ministry of Commerce and Industry · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** This report details the bilateral meeting between India’s Union Minister of Commerce and Industry and the UK Secretary of State for Business and Trade at the 14th WTO Ministerial Conference in March 2026. The meeting confirmed that both nations have completed the ratification and parliamentary approval processes for the India-UK Comprehensive Economic Partnership Agreement (CETA). Key actions include finalizing the entry into force based on agreed timelines and launching extensive business outreach initiatives to maximize the agreement's benefits. **Key Points / Main Content** **Status of India-UK CETA** * India has completed all internal approvals and ratification processes for the India-UK Free Trade Agreement (FTA). * The UK has finished its parliamentary approval for the India-UK CETA. * Both nations are moving toward the formal entry into force of the agreement according to established timelines. **Business Outreach and Investment** * The Indian government emphasized the need for outreach plans to ensure CETA benefits reach businesses across all regions of India. * The UK plans to organize business delegations and regional outreach activities, specifically targeting areas such as Scotland and Manchester. * India has extended a formal invitation to UK businesses to explore investment opportunities in various sectors, with a specific focus on rural transformation initiatives. **WTO MC-14 Agenda and Global Trade** * Both ministers agreed to maintain inclusivity during evolving trade discussions within the World Trade Organization (WTO). * Cooperation was established regarding WTO reforms and the continuation of the moratorium on customs duties on electronic transmissions. * Joint support was expressed for the moratorium on Non-violation and Situation Complaints under the TRIPS Agreement. **Impact Analysis** **Businesses (India and UK)** **Impact** Enterprises will soon benefit from the trade preferences and economic cooperation framework established by the CETA. There is a specific focus on diversifying investment into new regions and sectors, including rural development. **Action Required** Businesses should engage with upcoming government outreach activities, join planned business delegations, and evaluate new investment and partnership opportunities across both nations. **Indian and UK Government Agencies** **Impact** Relevant departments are now tasked with the final administrative steps for the agreement’s implementation and the execution of bilateral trade strategies. **Action Required** Authorities must coordinate the "entry into force" logistics and initiate regional outreach programs to ensure that stakeholders are aware of and can utilize the benefits of the CETA. **WTO Member States** **Impact** The unified stance of India and the UK on WTO reforms and specific moratoriums influences the broader multilateral trade agenda. **Action Required** Member states will need to engage with these proposals regarding electronic transmission duties and TRIPS complaints during the MC-14 discussions.

Key Entities Referenced

India-UK CETA: A Comprehensive Economic Partnership Agreement (referred to as the India-UK FTA) aimed at enhancing bilateral trade and economic cooperation between India and the United Kingdom. 14th WTO Ministerial Conference (MC-14): The international forum held in Yaounde, Cameroon, where bilateral trade discussions, WTO reforms, and customs duty moratoriums were addressed. TRIPS Agreement: A referenced international trade agreement regarding Intellectual Property, specifically mentioned in the context of moratoriums on Non-violation and Situation Complaints. Piyush Goyal: The Union Minister of Commerce and Industry of India who reviewed the progress of the India-UK CETA and led bilateral trade negotiations. Peter J Kyle: The UK Secretary of State for Business and Trade who confirmed the UK's parliamentary approval of the India-UK CETA and discussed its implementation.
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Ministry of Commerce & Industry Union Minister of Commerce and Industry holds bilateral meeting with UK Secretary of State for Business and Trade Mr Peter J Kyle on the sidelines of WTO MC-14 in Yaounde, Cameroon As UK completes parliamentary approval of India-UK CETA, both sides look forward to entry into force as per agreed timelines Shri Goyal stressed on need for outreach initiatives to ensure that the benefits of CETA reaches maximum number of people Posted On: 29 MAR 2026 9:18PM by PIB Delhi On the sidelines of the 14th WTO Ministerial Conference held in Yaounde, Cameroon, Union Minister of Commerce and Industry Shri Piyush Goyal held a bilateral meeting with the UK Secretary of State for Business and Trade Mr. Peter J Kyle. Both sides exchanged views on MC-14 agenda, reviewed progress of the implementation of the India-UK CETA signed in July 2025 by Prime Minister Shri Narendra Modi and Prime Minister Mr. Keir Starmer. Both the Ministers explored options for further enhancing bilateral trade & economic cooperation. On the implementation of the India-UK CETA, Shri Goyal highlighted that India has completed all internal approvals and ratification processes for the India-UK FTA. Mr. Kyle informed that the UK has also completed parliamentary approval of the India-UK CETA. Both sides looked forward to the entry into force of India-UK CETA as per the agreed timelines. As part of enhancing the use of India-UK CETA by concerned stakeholders, Shri Goyal emphasised the importance of outreach plans to ensure that the benefits of CETA reach businesses across the length and breadth of India. In this context, Mr. Kyle also highlighted plans to organise business delegations and regional outreach activities, including engagements in Scotland and Manchester. As part of exploring further enhancement of bilateral trade relations, Shri Goyal extended invitation to UK’s businesses to explore investment and partnership opportunities across sectors and regions in India, including initiatives related to rural transformation. On the MC-14 agenda, Shri Goyal and Mr Kyle agreed on maintaining inclusivity in evolving trade discussions within the WTO including on WTO reforms, moratorium on customs duties on electronic transmission and the moratorium on Non-violation and Situation Complaints under the TRIPS Agreement.A productive interaction with Mr. Peter Kyle, UK Secretary of State for Business and Trade, on the sidelines of #WTOMC14. Discussed key priorities under the MC14 agenda and reviewed progress towards the entry into force of the India-UK CETA, signed by PM @NarendraModi ji and PM… pic.twitter.com/ce1k8mHlbN — Piyush Goyal (@PiyushGoyal) March 28, 2026 *** Abhishek Dayal/Garima Singh (Release ID: 2246697) Visitor Counter : 108 Read this release in: Marathi , Gujarati

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