ANNEX 1 CO-OPERATION ON INVESTMENT PREAMBLE We, the Heads of State or Government of, The Republic of Angola The Republic of Botswana The Democratic Repubfic of Congo The Kingdom of Lesotho The Republic of Madagascar The Republic of Malawi The Republic of Mauritius The Republic of Mozambique The Republic of Namibia The Republic of Seychelles The Republic of South Africa The Kingdom of Swaziland The United Republic of Tanzania The Republic of Zambia The Republic of Zimbabwe COMMITTED to achieving the broad objectives of the SADC as set out in the Treaty and specifically to achieving economic growth and sustainable development through regional integration and working through Investment Promotion Agencies in the Region; RECOGNISING the increasing importance of the role played by investment to advance productive capacity and increase economic growth and sustainable development and the importance of the link between investment and trade; CONCERNED with tt_lE- low levels of investment into the SADC, even though a n.umber of .meas res..have been taken to improve the investment environment; . . AIMING to create new employment opportunities and improve living standards in our ter- ritories; _, · ;.. ..... . ) ..,. ACKNOWLEDGING that there is a need for greater regional cooperation among Investment Prort:lotionAgencies in the Region in order to enhance the attractiveness of the Region an investment destination; as "' CONSCIOUS that without effective policies on investment protection and promotion, the Region will continue to be marginalised in terms of investment inflows and sus ainabJe economic development; and 5