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02 May 2018 07:47
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VICTORIA FALLS, Zimbabwe, Aug. 19 (Xinhua) -- If trade used to dominate discussions on regional integration, leaders in southern Africa have now decided to give industrialization a boost.


A communique issued after the 34th Summit of Southern African Development Community (SADC) James Bradberry Womens Jersey , which ended in the Zimbabwean resort town of Victoria Falls on Monday, said industrialization should "take center stage" in SADC's regional integration agenda.


Zimbabwean President Robert Mugabe emphasized the importance of balance between industrialization and trade as he took over the chair of the 15-member regional bloc.


"Failure to do that will result in a region which has worked on market liberalization but without the requisite goods to sell," he said.


For a long time, southern African countries have heavily relied on imports from South Africa, also a member of the SADC. In Zimbabwe alone, supermarkets are stocked with South African imports Luke Kuechly Womens Jersey , which account for almost 90 percent of the goods on the shelves.


"We appealed to South Africa, which is highly industrialized, to lead us, to work with us, cooperate with us, and not just to regard the rest of the continent as an open market for products from South Africa Cam Newton Womens Jersey ," Mugabe said.


The SADC region is home to an array of mineral resources, but it remains severely underdeveloped and heavily relies on exportation of raw materials to prop up its economies.


According to an SADC report on industrial policy and strategies, approximately 85 percent of the region's non-petrol exports are raw mineral and agricultural goods.


Munetsi Madakufamba, executive director of the Harare-based Southern African Research and Documentation Center (SARDC), said the SADC and the rest of Africa have no choice but to break from the current consumption and commodity exports development path to a more sustainable development model based on industrial competitiveness.


He said economies built on a weak economic infrastructure base -- including poor road, rail and air networks Christian McCaffrey Womens Jersey , power shortages, lack of access to appropriate modern technologies, and lack of access to affordable capital for investment in industrial development -- remain the main challenges.


Responding to a question from Xinhua after the summit, Mugabe said he will seek more Chinese in.
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