Sri Lanka President Mahinda Rajapaksa yesterday strongly urged the world leaders to seriously consider setting up of a Global Food Crisis Fund, in order to meet future food crisis. "I strongly commend to the world leaders gathered here to seriously consider the setting up of a Global Food Crisis Fund that will have contributions from all countries and from large business organizations that transcend geographical boundaries, and from financial institutions, arms manufacturers and philanthropists of the world, among others,' the President said addressing the UN Food Summit in Rome. He also said that the mechanics of such a fund will have to be worked out in keeping with the goal of assisting countries faced with serious dangers to food security and also in funding initiatives for greater food production. He said that in addition to such a Global Food Crisis Fund, or working together with it, there should be Regional Food Security Funds drawing the financial and technological resources within a region to expand food production, improve storage and distribution and also come to the assistance of regional neighbours that may need help in the event of a food crisis as we see emerging today. Commenting on the threat to food security from biofuels, President Rajapaksa emphasized that "in the prevailing competition between food and fuel, Sri Lanka is firm in the decision that no land that can be used for food will be used for bio-fuel whatever the commercial attraction may be. It is our belief that food for the people should have the highest priority, and not the running of gas-guzzling vehicles.'