Date: 2026-03-29Category: Press ReleaseState: Union GovernmentCountry: India
Union Minister of Commerce and Industry Shri Piyush Goyal holds bilateral meeting with New Zealand Trade Minister Mr. Todd Michael McClay on sidelines of WTO MC-14
**Executive Summary**
This report details the high-level bilateral meeting between the Trade Ministers of India and New Zealand held on the sidelines of WTO MC-14 in March 2026. The meeting focused on reviewing preparations for Prime Minister Narendra Modi’s upcoming visit to New Zealand and the progress toward signing a recently concluded Free Trade Agreement (FTA). Key action items include finalizing a substantial list of deliverables and New Zealand hosting a high-level business delegation to strengthen economic ties.
**Key Points / Main Content**
**Diplomatic Relations and High-Level Visits**
* Review of preparations for Prime Minister Narendra Modi’s upcoming official visit to New Zealand.
* Finalization of a "substantial list of deliverables" by both nations ahead of the visit.
* New Zealand confirmed it will host a high-level business delegation during the Prime Minister’s visit to bolster economic cooperation.
**Trade and Sectoral Cooperation**
* Review of progress regarding the signing of the recently concluded India-New Zealand Free Trade Agreement (FTA).
* Commitment to pursuing practical cooperation outside the formal FTA framework, specifically in the sports and agriculture sectors.
* Implementation of training programs for Indian farmers focused on kiwi and apple cultivation techniques.
**WTO Reforms and Multilateral Agenda**
* Reiteration of India’s commitment to a member-driven World Trade Organization (WTO) with reforms led by the General Council.
* Exchange of views on the moratorium on customs duties regarding electronic transmissions and the Investment Facilitation for Development Agreement.
* Emphasis on the necessity of clarity and progress on past commitments to ensure the credibility and functioning of the WTO.
**Impact Analysis**
**Government of India and New Zealand Diplomats**
**Impact**
Responsible for the strategic alignment and finalization of international agreements and high-level visits.
**Action Required**
Finalize the list of deliverables for the Prime Minister’s visit and coordinate the schedule for the high-level business delegation.
**Indian Agricultural Sector (Kiwi and Apple Farmers)**
**Impact**
Beneficiaries of bilateral knowledge-sharing and technical training initiatives.
**Action Required**
Engage with upcoming training programs aimed at improving kiwi and apple cultivation methods.
**Business and Trade Delegations**
**Impact**
Enhanced opportunities for market access and economic networking through the proposed high-level business delegation in New Zealand.
**Action Required**
Prepare for participation in the business delegation and explore trade opportunities under the framework of the recently concluded FTA.
**World Trade Organization (WTO) General Council**
**Impact**
Increased pressure to lead reform efforts and address specific agenda items such as electronic transmission customs duties.
**Action Required**
Facilitate greater member engagement to maintain a constructive reform process despite current global challenges.
Key Entities Referenced
India-New Zealand FTA: A bilateral free trade agreement between India and New Zealand focused on economic cooperation in sectors like agriculture and sports.
WTO MC-14: The 14th Ministerial Conference of the World Trade Organization, the forum where discussions on global trade reforms and customs duty moratoriums occurred.
Investment Facilitation for Development Agreement: A specific trade agreement discussed for incorporation into the WTO framework to enhance global investment environments.
Piyush Goyal: The Union Minister of Commerce and Industry of India who led the high-level bilateral trade discussions and WTO reform advocacy.
Todd Michael McClay: The Minister for Trade and Investment of New Zealand, the primary counterpart in negotiations regarding the FTA and bilateral economic ties.
Ministry of Commerce & Industry
Union Minister of Commerce and Industry Shri
Piyush Goyal holds bilateral meeting with New
Zealand Trade Minister Mr. Todd Michael McClay
on sidelines of WTO MC-14
Both sides review preparations for Prime Minister Shri
Narendra Modi’s upcoming New Zealand visit
Both sides review progress towards signing of India–New
Zealand FTA: discussions held on agriculture, sports
cooperation and WTO reforms
Posted On: 29 MAR 2026 9:14PM by PIB Delhi
Union Minister of Commerce and Industry, Shri Piyush Goyal, held high-level bilateral discussions with
Mr. Todd Michael McClay, Minister for Trade and Investment of New Zealand, on the sidelines of WTO
MC14. The ministers briefly reviewed preparations for the upcoming New Zealand visit of Prime Minister
Shri Narendra Modi. Expressing high enthusiasm for this visit, New Zealand confirmed that a substantial
list of deliverables are currently being finalised by both sides for this visit. To further strengthen economic
ties, New Zealand will be hosting a high-level business delegation during the Prime Minister Modi’s visit.
Both sides also reviewed the progress toward the signing of the recently concluded India-New Zealand
FTA. Discussions also focused on pursuing incremental and practical cooperation outside the formal FTA
framework, specifically in sectors such as sports and agriculture, including the training of Indian farmers
in kiwi and apple cultivation.
On the MC-14 agenda, India reinforced its commitment to a member-driven World Trade Organization
(WTO). Shri Goyal emphasised that the General Council must lead reform efforts. Both ministers
exchanged views on other agenda items, including on moratorium on customs duties on electronic
transmission as well as incorporation of the Investment Facilitation for Development Agreement. India
stressed that clarity and progress on past commitments are vital for the WTO’s credibility. New Zealand
acknowledged these concerns and called for greater member engagement to keep the process constructive
and maintain the functioning of the WTO despite current challenges.
Prior to the Ministerial bilateral, Commerce Secretary, Shri Rajesh Agrawal also held a bilateral meeting
with his New Zealand counterpart, Mr. Vangelis Vitalis, Deputy Secretary, Trade and Economic, on the
sidelines of MC-14.A productive interaction with Mr. Todd McClay, Minister for Trade and Investment
of New Zealand, during engagements at #WTOMC14.
Exchanged views on the progress of the MC14 agenda and reviewed ongoing
work towards the signing of the recently concluded India-New Zealand FTA.
Also… pic.twitter.com/TpS8V5W81k
— Piyush Goyal (@PiyushGoyal) March 27, 2026
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Abhishek Dayal/Garima Singh
(Release ID: 2246696) Visitor Counter : 153
Read this release in: Marathi