"Sri Lanka regrets that the prevailing environment in the region is not conducive for holding the 19th SAARC Summit in Islamabad," the Foreign Ministry said in a statement here.
The General Provisions of the SAARC Charter require that decisions at all levels shall be taken on the basis of unanimity, and this applies to the convening of meetings of Heads of State or Government of SAARC Member States as well, it said in the brief statement.
It stressed on the need to deal with the issue of terrorism in the region in a decisive manner.
"Peace and security are essential elements for the success of meaningful regional cooperation for the benefit of the people of South Asia.
"As a founding member of SAARC, committed to regional cooperation, Sri Lanka hopes that the steps required to ensuring our region's peace and security will be taken to create an environment that is conducive for the pursuit of regional cooperation," the statement added.
That development came after tensions ran high between India and Pakistan after militants stormed an Indian Army base in Uri on September 18, killing 18 soldiers. The militants belonged to Pakistan-based Jaish-e-Mohammad terrorist group.
Founded in 1985, South Asian Association for Regional Cooperation (SAARC) currently has Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka as its members.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
