India and Norway share a strong commitment to push for real changes in the World Trade Organization (WTO), said Union Minister Piyush Goyal. This comes ahead of the WTO’s 14th Ministerial Conference (MC14) in Cameroon from March 26-29, 2026. On March 19, 2026, Goyal held a virtual meeting with Norwegian Foreign Minister Espen Barth Eide, who leads WTO reform talks. Goyal tweeted: “India values its partnership with Norway… shared commitment to strengthening bilateral ties, navigating geopolitical developments, and advancing meaningful WTO reforms.” Eide called it a “fruitful” chat to build progress for MC14.
India-Norway bilateral trade hit $1.35 billion in 2024, up 13.75%, with Norway exporting ships ($341 million) and nickel ($114 million). India sends agricultural residues ($131 million), chemicals, and electronics. The India-EFTA Trade and Economic Partnership Agreement (TEPA), including Norway, started October 1, 2025, boosting maritime and energy sectors.
Both nations aim to fix WTO issues like dispute settlement, food security, and fisheries subsidies at MC14. Norway eyes more investments in India’s green energy under TEPA. Goyal stressed working closely for a successful summit amid global challenges.
FAQs [Frequently Asked Questions]
1. What did Piyush Goyal say about India-Norway ties?
India and Norway share commitment to bilateral ties, geopolitics, and WTO reforms ahead of MC14; Goyal looks forward to close work for success.
2. When and where is WTO MC14?
The 14th Ministerial Conference is March 26-29, 2026, in Yaoundé, Cameroon, focusing on reforms, food security, fisheries, and e-commerce.
3. What is India-Norway trade volume?
Bilateral trade reached $1.35 billion in 2024 (13.75% growth); Norway exports ships/nickel, India sends agri-residues/chemicals/electronics.
4. Status of India-EFTA TEPA with Norway?
Signed March 2024, entered force October 1, 2025; boosts trade in maritime, energy; Norway plans more India investments.
(*Image Source- Ommcom News)