Page 66 - sadc40en
P. 66

2008-2009         The 28 SADC Summit was held in Sandton, South Africa on 16-17
                                      th
                                August 2008, hosted and chaired by President Thabo Mvuyelwa Mbeki.

                                Launch of SADC Free Trade Area
                                The SADC Free Trade Area (FTA) was formally launched by the 28th
                                Summit on 16 August 2008 following the implementation of agreed tariff phase-down
                                commitments between 2000 and 2007, as the first milestone in the regional economic
                                integration agenda, signalling the creation of an FTA of more than 250 million people.
                                From 2008, producers and consumers would no longer pay import duty on an estimated
                                85 percent of all trade in goods between participating Member States, with the expectation
                                of a new era of economic integration and rapid industrialisation through expanded trading
                                opportunities. Summit emphasised the need for full implementation of the SADC Protocol
                                on Trade to ensure that the FTA is sustainable and the Customs Union is attainable, and
                                called for cooperation in the expansion of regional productive capacity, with provision and
                                rehabilitation of regional infrastructure, and the efficient movement of goods and people
                                in a more open regional economy.

                                Protocols and other Legal Instruments
                                The following legal instruments were signed: Agreement Amending the Treaty; Protocol
                                on Gender and Development; Protocol on Science, Technology and Innovation; and
                                Agreement amending Article 20 of the Protocol on Trade; Agreement Amending Article
                                6 of the Protocol on the Tribunal and the Rules of Procedure Thereof.
        56
                                Extra­Ordinary Summit of the Organ on Politics, Defence and Security Cooperation
                                With regard to the ongoing challenges in Zimbabwe, the 28th Summit noted the outcomes
                                of  the Extra-Ordinary Summit of the Organ held during the SADC Summit, which
                                commended  the  parties  for  their  commitment  to  dialogue  in  resolving  the  political
                                situation, and called on the parties to form an inclusive government. This was subsequently
                                negotiated and agreed at a meeting on 15 September 2008 in Harare, presided over by
                                the  SADC  Chairperson,  President  Thabo  Mvuyelwa  Mbeki  of  South  Africa,  and
                                implemented from 2009 until the next elections in 2013.

                                SADC­EAC­COMESA Tripartite Summit
                                Three regional economic blocs have moved closer to the long-conceived goal of an African
                                  Economic Community when they approved the establishment of an enlarged Free Trade
                                    Area encompassing 26 Member States in the three sub-regions. All three have attained
                                     FTA status and are at various stages of establishing Customs Unions.
                                       Meeting at a Tripartite Summit hosted by Uganda in Kampala on 22 October
                                        2008, the leaders of SADC, the East African Community (EAC) and the
                                              Common Market for Eastern and Southern Africa (COMESA) agreed
                                             on  this  important  milestone  for  the  harmonisation  of  the  regional
                                             integration programmes, that also constitutes a framework for broader
                                            continental cooperation. This Tripartite Agreement will create a grand FTA
                                          that will bring together half of the countries on the continent into a formidable
                                                  trading bloc with a combined population of 527 million people and
                                                  a combined GDP of US$625billion, to be effected in 2012.
   61   62   63   64   65   66   67   68   69   70   71