US, Oct. 30 -- Commerce and Industry Minister Piyush Goyal said on Thursday that when the details of the India-US trade deal negotiations are released, the people of India will recognize that the sensitive interests of farmers and other stakeholders have not been compromised and that India will be placed at a strong comparative advantage.

Goyal explained that trade was fundamentally about comparative advantage and competitiveness, rather than absolute numbers alone. He observed that many developed countries had structured their tariff schedules to impose high duties on labor-intensive goods, using them as negotiating instruments.

Goyal made the comments while addressing the Fourth National Conference on India's Industrial Transformatio...