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Sri Lanka is a multi-racial, multi-cultural, multi-religious nation strategically located in the Indian Ocean; she is of high economic value as well as rich in culture. Due to the diversity in composition, any country becomes vulnerable to threats, which are internal as well as external. Therefore, the government is duty-bound to combat national security threats and ensure peace and stability in the nation. However, the element of diversity can also be equipped to reign the country in the international arena. By boosting the economy, promoting peace and reconciliation, eliminating the roots of violence and extremism. Sri Lanka endured a three-decade war with one of the world's notorious terrorist organizations known as The Liberation Tigers of Tamil Eelam (LTTE), which is proscribed by many nations. The article assesses the post-war context in Sri Lanka's peacebuilding process, stratagems that were taken to ensure peace and measures that can be taken to foster peace.