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Protocol on Finance and Investment
The Summit approved and signed the SADC Protocol on Finance and Investment for the
harmonisation of financial and investment policies of Member States consistent with the
objectives of SADC and to ensure that changes to policies in one Member State do not
cause undesirable adjustments in others.
Toward a SADC Regional Development Fund
The Summit mandated the SADC Secretariat to accelerate the process leading to
establishment of the SADC Regional Development Fund to finance development projects,
based on mobilisation of Member States’ own resources such as pension funds and any
other regional funding sources.

Summit on Regional Integration
An Extra-Ordinary Summit to consider Regional Economic and Political Integration was
held in Midrand, South Africa on 23 October 2006, chaired by Prime Minister Pakalitha
Bethuel Mosisili of Lesotho, to discuss measures to accelerate the implementation of the
SADC economic integration agenda including macroeconomic convergence, launch of
the Free Trade Area in 2008, and preparations for a Customs Union by 2010. The Summit
concluded that the FTA is on course, but observed that SADC Trade patterns consist
mainly of commodities, thus difficult to diversify and increase trade; and that a roadmap
and model must be developed for the Customs Union.

54 Kavango­Zambezi TFCA
The Kavango-Zambezi Transfrontier Conservation Area spanning five SADC
Member States was recognised as a SADC project in July 2006, and in
December 2006 the SADC Ministers responsible for Tourism and Natural
Resources signed an MOU to develop the KAZA TFCA , which will be
the world’s largest transfrontier conservation area at 520,000 sq kms. Situated
in the Okavango and Zambezi river basins where the borders of Angola,
Botswana, Namibia, Zambia and Zimbabwe converge, the KAZA TFCA will
include 36 protected areas such as national parks, game reserves, community
conservancies and game management areas, and has a high concentration of
wildlife and other attractions. The MOU was replaced by a Treaty in 2011.
2007-2008 The 27 SADC Summit met in Lusaka, Zambia on 16-17 August 2007,
th
hosted and chaired by President Levy Patrick Mwanawasa.
Launch of the SADC Brigade
The SADC Brigade consists of military, police and civilian components
from SADC Member States, and was established through an MOU signed at the 27th
Summit, under the provisions of the African Union which recommends that each of the
Regional Economic Communities should have a standby capacity for peace support
operations on the continent.

Special Session on Regional Infrastructure
The Summit held a special session focussing on strategies to accelerate regional
infrastructure development to support deeper integration and development, and directed
the Secretariat to work out the details of a regional Master Plan for Infrastructure
Development in close cooperation with Member States. This culminated in the decision
to develop the Regional Infrastructure Development Master Plan that was later adopted
by the 32 Summit in Mozambique in 2012.
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