Develop policies aimed at the progressive elimination of obstacles to free movement of capital and labour, goods and services, and of the peoples of the region generally among member States. Promote the development of human resources. Promote the development, transfer and mastery of technology. Improve economic management and performance through regional co-operation.
The Treaty provides for other political, social and cultural objectives which are not of direct relevance for the enhancing of financial co-operation in the region. 1  Angola, Botswana, Lesotho, Malawi, Mozambique, Swaziland, Tanzania, Zambia and Zimbabwe. BIS Review 52/1997  -2-  2. South Africa’s position within SADC The South African economy is by far the most advanced in the region.