SOUTHERN AFRICAN DEVELOPMENT COMMUNIT Y MEMORANDUM OF UNDERSTANDIN G Between The Southern African Development Community (SADC ) And The Association of SADC Chambers of Commerce and Industry (ASCCI) Preambl e Whereas the Southern African Development Community is an intergovernmental regional organization grouping States of Southern Africa which have come together fo r the purpose of enhancing and fostering regional economic cooperation and integration ; Whereas the objectives of SADC in terms of its Treaty include the improvement of th e standard and quality of life of the peoples of the Southern African sub-region, mainly b y employing sustainable economic development polices, and encouraging the peoples o f the sub-region and their institutions to take initiatives to develop economic and socia l ties, and to participate fully in the implementation of the programmes and projects o f SADC ; Whereas the SADC Treaty provides for Member States to cooperate, inter alia, in areas of industry, trade, investment and finance ; Whereas the Treaty also seeks to fully involve the people of the sub-region and non governmental organizations in the process of regional integration and to enable them t o make a meaningful contribution towards the realization of the objectives containe d therein; -2Memorandum of Understanding between The Southern African Development Communit y (SADC) and The Association of SADC Chambers of Commerce and Industry (ASCCI)