India, Oct. 29 -- India will have a "strong comparative advantage" in the trade deal being negotiated with the United States, Union commerce and industry minister Piyush Goyal said on Friday, adding that no farmers' interests would be compromised in the agreement.

Goyal said that the people of India would "celebrate" once details of the deal are released. The Union commerce minister stressed that India was "focused on protecting" sensitive sectors and getting a comparative advantage in trade agreements in order to export more.

A country's comparative advantage refers to its ability to produce a good or service at a lower opportunity cost than another producer.

Addressing the 4th 4th ISID-IDRA National Conference on India's Industrial T...