The Southern African Development Coordination Conference (SADCC), which evolved into the Southern African Development Community (SADC), has been in existence since 1980. The original nine member-countries were Angola, Botswana, Lesotho, Malawi, Mozambique, Swaziland, Tanzania, Zambia, and Zimbabwe. South Africa joined SADC in 1994 followed by Mauritius (1995), and the Democratic Republic of Congo (DRC, 1997). In 2005, SADC granted Madagascar membership. In addition to belonging to SADC, Angola, DRC, Madagascar, Malawi, Mauritius, Swaziland, Zambia and Zimbabwe are members of the Common Market for Eastern and Southern Africa (COMESA). In order to facilitate development in the region, member-states in SADC formulated various objectives which the community works to achieve. Among those objectives are the promotion of regional economic integration, creation of intra-governmental policies, and sustainable utilization of natural resources. In addition to the broader objectives of SADC, the regions Trade Protocol calls for member-states to further liberalize intra-regional trade, while eliminating trade barriers in order to establish a Free Trade Area (FTA) by 2008. The creation of the FTA is part of a strategic plan announced by the SADC executive secretary in 2004, which also includes the establishment of an SADC customs union by 2010, a common market pact by 2012, and establishment of an SADC central bank and preparation for a single SADC currency by 2016.