Introducing The SADC TCIB Payment Scheme
The SADC Treaty aims to promote regional integration; sustainable economic growth and social development; and the eradication of poverty and improvements in the quality of life of the people of the region. The treaty sets out several areas of co-operation between member states, including:
■ Fostering regional development and integration on the basis of balance, equity and mutual benefit;
■ Co-ordinating, rationalising and harmonising macroeconomic policies, strategies, programmes and projects; and
■ Co-operating in trade, industry, finance, investment and mining.