Economy is a key determinant of security: Hollande - CNBC Africa

Economy is a key determinant of security: Hollande

Special Report

by Trust Matsilele 0

France's president Hollande says economy is a key determinant of security. PHOTOS: sightcall

Hollande was speaking at the 45th World Economic Forum Annual Meeting in Davos-Klosters, Switzerland from 21 to 24 January 2015; two weeks after his country experienced one of the deadliest terrorist attacks.

(READ MORE: WEF necessary to bring attention to conflict in Virunga)

He said France is determined to maintain its critical place in the world, in the context of international relations as well as in technology and industry.

He lamented the current economic growth as too weak and called unemployment too weak as well.

“It wasn’t only France that was attacked two weeks ago – freedom itself was attacked,” he said.  

“It is the very foundation of our society which has found itself under assault,” he added.

Hollande called for an international, shared response to terrorism by both government and business.

“Europe must strengthen its border protection, enhance its tracking capabilities and invest in cyber defence and cybersecurity,” he added.

“The international community needs to do more to resolve existing conflicts and stabilise simmering global hotspots”.  

Hollande warned that every time the world lets a conflict linger, terrorism flourishes adding that France will always be present.

(READ MORE: Africa’s geopolitical issues exploited by terror groups)

He also said undermining growth was financial instability, geopolitical tensions and inequality.

Hollande expressed the gratitude of the French people for the exceptional international solidarity shown in the aftermath of the attacks.

He also made a swipe at leading terror groups, al Qaeda and ISIS, saying they had advanced in their use of technology.

“Terrorists are also using the internet as a weapon of indoctrination, manipulation and confusion.”