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Wednesday, 17 October 2012 - 12:41
Poverty alleviation a high priority for Asia; MR tells Asian leaders at Summit in Kuwait
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President Mahinda Rajapaksa addressing the Asia Cooperation Dialogue Summit seeking economic cooperation told the leaders of Asian and Middle Eastern nations yesterday that Asia, although with some of the world’s largest and fast growing economies, has the least developed and with the rich and the poor living side by side poverty alleviation becomes an area of high priority for all.


He further pointed out that although Asia is one of the most promising markets in the world with rapidly growing economies and income levels, abundant natural sources and the potential to address the challenges of food and energy security, the people in Asia are faced with threats to traditional exports as the world economy shrinks due to the crises in other regions.

Sharing Sri Lanka’s experience on the Development Framework of the ‘Mahinda Chinthana – Future Vision,’ the President said development of the rural economy and support for small and medium enterprises were the central pillars of Sri Lanka’s policy where domestic enterprises could be supported while encouraging foreign investment.

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