The
defeat
of the
LTTE and
the
extended
period
of
terror
in Sri
Lanka
had
opened
new
opportunities
for
investment
in Sri
Lanka
said the
Malaysian
Prime
Minister Dato
Mohamed
Abdul
Razak in
discussions
with
President
Rajapaksa
in Egypt
yesterday (16).
The two
leaders
met at
Sharm El
Sheik
where
they had
come to
participate
in the
15th Non
Aligned
Summit.
Prime
Minister
Abdul
Razak
who
congratulated
President
Rajapaksa
on the
successful
defeat
of the
LTTE and
its
terrorism,
said
that
with the
dawn of
a new
era of
peace in
Sri
Lanka,
he would
recommend
to
Malaysian
investors
that Sri
Lanka
provided
good
scope
for
investment
in many
areas of
enterprise.
The
two
leaders
discussed
South
and
South
East
Asian
issues
and the
responses
needed
by the
countries
of these
regions
to the
challenge
posed by
the
global
financial
and
economic
crises,
and the
need to
safeguard
the
people
of the
developing
countries
from the
harsh
effects
of these
crises.
President
Rajapaksa
expressed
the need
for a
common
position
and
pragmatic
approaches
by the
Non-Aligned
and
developing
countries
to meet
the
challenges
of
Climate
Change
and
Global
Warming,
which
would
adversely
affect
both
South
and
South
East
Asia.
The
possibility
of
improved
activity
in the
areas of
economic
activity
such as
Tourism
Development
was also
discussed.
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