| Opening Remarks by His Excellency  Jacob Zuma, President of the Republic of South Africa at the Heads of State and  Government Meeting of the Southern African Customs Union Countries  Venue: Presidential Guest House  Date : 16 July 2010, Pretoria, South Africa
 Your  Majesty, King Mswati III Your  Excellency President Lieutenant General Seretse Khama Ian Khama
 Your  Excellency President Hifikepunye Pohamba
 Your  Excellency the Right Honourable Prime Minister Phakalitha Mosisili
 Chairperson  of the SACU Council
 Honourable  Ministers
 Executive  Secretary
 Senior  Officials
 Distinguished  -delegates
 
    May I take  this opportunity to welcome Your Excellencies, the SACU Heads of State and  Government, and your delegations to this meeting of the SACU Heads of State and  Government. It is indeed a great honour and privilege for me to preside over  this meeting, focussing on providing strategic direction to our Organisation.  Let me also take this opportunity to express my sincere gratitude, to you all,  for having found time in your busy schedules to be here today. This is  testimony to the importance we all attach to this Organisation and its  continued good standing as a leading regional organisation. 
 
Your  Excellencies, at our meeting on the 22nd of April 2010 in Windhoek,  Namibia, in addition to launching the centenary celebrations of SACU, we also  recognised that recent developments at the regional level have necessitated the  need to establish a SACU Vision and Strategy to help position the Organisation  moving forward. In this regard we acknowledged the positive role which SACU has  played in the past one hundred years and the important role it can play in  promoting regional integration and the economic development of all its Member  States. We therefore adopted a new SACU Vision and Mission, which seeks to  construct a position for SACU within the plethora of integration initiatives  currently being pursued within the region and defines a future form for the  Organisation moving forward. The Vision articulates a future state for the  organisation that transcends the customs union and is consistent with other  regional and continental integrations agendas   and sets Member States’ ambitions at a higher level of economic  integration, that of an Economic Community. 
 
Your  Excellencies, our meeting today provides us an opportunity to continue the  discussions we initiated in Windhoek and the follow up discussions we held over  dinner last night. During our dinner we discussed at length the challenges  facing SACU and possible strategies for addressing them. Let me assure you all  that our engagement last night was guided by the spirit of trying to preserve  the good elements of our arrangement and to ensure that it remains a viable  entity well into the future. In this process, some critical elements of the  operations of the Customs Union were considered as well as its relations with  third parties. We will later provide an update of the discussions held over  dinner. 
 
Your  Excellencies, as we engage on the challenges facing the organisation and  strategies for positioning SACU within the changing regional economic  landscape, it is useful to bear in mind the developments at the global level.  Whilst we are all pleased with the initial signs of recovery from the global economic  crisis we now have to worry about the sovereign debt situation in some European  countries which threatens to affect the stability of the overall global  economy. Whilst the debt problems are currently most acute in Greece, real  fears persist that this may spread over to other European economies. We  therefore need to monitor these developments closely and put in place  strategies to mitigate the effects of this external crisis on our region. 
 
It is clear  that given the current state of the global economy and developments at the  regional level, SACU is at a critical juncture in its life as an integration  arrangement. There is a need to critically reflect on our common destiny as a  region. Some of the solutions that we come up with may not be popular amongst  all of us but are necessary for the prosperity of not only the current SACU  membership but for the entire region. As leaders, we will have to take bold  decisions which we will have to commit to in order to secure the long term  economic health of our region. 
 
In  conclusion, let me take this opportunity to thank you all for the support  extended during the hosting of the World Cup. This event highlighted the  success that can be achieved when we stand together as Africans, but more  importantly what we can realize with the “can-do” attitude. I am hopeful that  this same spirit will guide us as we pursue the new Vision and Mission of our  organisation and seek to respond to the challenges it currently faces.
 
With these  few remarks, I would like to reiterate my profound gratitude for having you all  at this venue and wish you successful deliberations.  I thank you,  Jacob ZumaPresident of the Republic of South Africa
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