® SOUTHERN AFRICAN DEVELOPMENT COMMUNITY PREAMBLE WE, the Heads of State or Government of: The Republic of Angola The Republic of Botswana The Democratic Republic of Congo The Kingdom of Lesotho The Republic of Malawi The Republic of Mauritius The Republic of Mozambique The Republic ofNarnibia 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 RECOGNISING that the Southern African Development Community was created to provide, inter alia, for: deeper economic co-operation and integration, on the basis of balance, equity, and mutual benefit, providing for cross-border investment and trade, and freer movement of factors of production, goods and services across national borders; common economic, political and social values and systems, enhancing enterprise and competitiveness, democracy and good governance, respect for the rule of law and the guarantee of human rights, popular participation and alleviation of poverty; strengthened regional solidarity, peace and security, in order for the people of the Region to live and work together in harmony, peace and security. NOTING the various factors, such as low levels of economic growth, low levels of investment, high levels of unemployment and poverty, lack of competitiveness of regional economies, intra-regional and inter-regional economic disparities, which negatively impact on the Region's development, integration and competitiveness. Declaration on Productivity -1-

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