The Cooperatives Movement with the new revival has been able to draw people to the cooperative shops and has the ability to compete with private sector, added the President.
More than 5000 members representing every district island wide were present at the discussion.
The final draft of the National Cooperative Policy 2020 was presented to the President during the occasion.
Minister Johnston Fernando, Deputy Minister Hemal Guansekera were among those present. (KH)