Sri Lanka, rising star of Asian economy - FOX NEWS

Which country had the best performing market in 2010? FOX NEWS asked in a special report on Sri Lanka. 'Guess what? It was not the United States of America! The best performing stock market was Sri Lanka's CSE which was up 96% for the year', they said.

Calling Sri Lanka 'the rising star of the Asian economy', FOX NEWS said Sri Lanka has demonstrated economic resilience amid a global economic downturn, emerging as a success story for others to emulate.

Sri Lanka has now returned to peace and prosperity, the report said adding that the government has devoted millions of dollars to develop and restore life in the areas affected by the decades-long conflict.

'Most people displaced by the fighting have returned home as the country focuses on healing and reconciliation'.

FOX NEWS also refers to a US Senate report which called the victory against the LTTE one of the few times in history that a terrorist group has ever been defeated.

Stating that Sri Lanka is Asian's oldest democracy, it adds: 'continuing its rich traditions of democracy and political freedom, elections were held in 2010 throughout the entire country for the first time since 1983'.

FOX NEWS also states that Sri Lanka is a 'hub of religious tolerance'.

'The natural beauty of its tropical forests, beaches, mountainous landscapes and cultural heritage make it a place of unrivaled splendor that has long been praised by travel writers', it adds.
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Category:

News & Politics

Tags:

• srilanka
• LTTE
• Economy
• Ceylon

[metalbelt1]

this is why the USA and the Europe want Sri lanka to have war and problems.