ABSTRACT
The PTA Treaty called for a regional approach in the fields of transport and telecommunications, industrial development, agricultural development, trade documentation and procedures, standardization and quality control of goods, customs clearance and payments arrangements, and information exchanges among private and public institutions on matters of mutual interest. Initially, there were bound to be problems of trade diversion, among other things, that could only be absorbed by member-countries through well-conceived and practical measures by the regional bloc. The creation of an integrated sub-regional economy, if it is to be achieved at minimum political and economic cost, has to be approached in stages. Members of the Committee also act as contact points for member-countries on important issues and matters relating to the SADC. During the colonial era, two Institutes dmission were established to issue and control the money within French West Africa and French Equatorial Africa.
