The present invention relates to a novel and improved process for preparation of methyl [2-({[1-(4-chlorophenyl)-1H-pyrazol-3-yl]oxy}methyl)phenyl]methoxycarbamate (Pyraclostrobin) of formula (I) in free form or in agrochemically acceptable salt form useful as a pest control agent starting from methyl [2-({[1-(4-chlorophenyl)-1-H-pyrazol-3-yl]oxy}methyl)phenyl]hydroxycarbamatein simple manner and in high purity and good yield.