Terrorism wherever in the world is a threat to collective security – says President

Terrorism wherever in the world is a threat to collective security – says President

Written by Staff Writer

04 Mar, 2014 | 9:09 pm

President Rajapaksa says, terrorism, wherever in the world, in whatever form or manifestation, is a threat to the collective security of all nations. The President made this comment addressing the BIMSTEC Summit 2014.

Established in 1997, BIMSTEC leaders of member countries would discuss key issues to boost bilateral ties between the nations.

Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand are members of the Bay of Bengal Initiative for Multi-Sectoral Technical Economic Cooperation.

Addressing the the summit, President Mahinda Rajapaksa had said that Sri Lanka as an active participant is the lead country in the technology sector,  and the permanent chair of the trade negotiating Committee for a Free Trade Agreement.

The President had added once finalised the agreement will open new avenues to increase trade and economic cooperation in the region.

Speaking further President Rajapaksa had added that as a country that had suffered from terrorism, for nearly three decades, Sri Lanka is acutely aware of its human and economic costs.

He further said that unfortunately, Sri Lanka’s economy could not run at its true potential during those years. The President stated that with the defeat of terrorism, the Sri Lankan economy has been consistently recording a growth rate of seven percent.

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