by N Sathiya Moorthy
In a masterly stroke aimed at improving bilateral economic relations on the one hand, and job opportunities for the Tamil victims of the ethnic war, New Delhi and Colombo have agreed to set up Special Economic Zones (SEZ) for Indian engineering, auto components and pharmaceutical industries in the eastern port town of Trincomalee.
The decision, taken at a meeting the visiting Indian Commerce Minister Anand Sharma had with Sri Lankan Economic Development Minister Basil Rajapaksa at Colombo, provides for the setting up of ancillaries units for auto-manufacturers and other engineering companies, located in Tamil Nadu and the rest of South India.
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