Terrorism, the President said, has assumed such proportions as are difficult for individual nations to tackle.
"Terrorism has no ideology except the wanton destruction of humanity. We need to deal with this menace in order to leave a safer world for the coming generations," the President was quoted in an official statement as saying at the function organised by Asian Forum on Global Governance, an outfit formed by former Union minister Shashi Tharoor.
"Manifold challenges are staring at us such as poverty, hunger, disease and exploitation of the resources of mother earth," he said, adding global governance is a concept that has come to acquire increasing significance today.
"Poverty eradication, environmental preservation of our planet, maintenance of peace, social inclusion etc. Are at once the objectives of global governance and challenges to overcome.
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"These two documents signify that the global community has agreed that it must be our common endeavour inter-alia to eradicate poverty and to develop and grow sustainably," he said.
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