(c) Member States should commence, or intensify, national consultations and preparation of national negotiating positions for core Tripartite FTA issues and the movement of business persons negotiations; (a) Urged those Members of COMESA who have not yet joined the Bank to do so; and (b) Urged Members States who have not fully settled their obligations under the Bank’s General Capital Increase Programme to do so in order to strengthen the Bank’s capital base and enhance its status in the international market. (d) COMESA should regularly hold meetings on the Tripartite to consider the implementation of the outcome of the Second Tripartite Summit and to prepare for the Tripartite Free Trade Area Negotiations, beginning in the last quarter of 2011; and (e) The paper on the implementation of Tripartite FTA be circulated to Member States for their consultations; and RE – Insurance Company (ZEP-RE) Decisions 99. Council made the following decisions: (f) The Secretariat should examine the possibility of holding a pre-Tripartite meeting before the aforesaid meeting of the Tripartite Task Force. (a) On the hosting of the company, the Republic of Zimbabwe was urged to conclude the approval process and allow ZEPRE to set up an office in Harare as soon as possible, to enable the Company to underwrite business directly from the market. Reports by Member States on COMESA Programmes Decisions 97. Council made the following decisions: (b) On business facilitation, Malawi was urged to formally recognise ZEP-RE as a local reinsurer and allow the institution to directly underwrite business from local insurers in line with the Member States’ internal regulations. (a) Member States that have produced written reports should transmit them to the Secretariat, which should circulate them to all Member States; and (c) Swaziland and Libya were urged to facilitate business cessions from their respective territories in line with commitments made in the past. (b) Member States that have not prepared written reports using the new format should endeavour to finalise their reports and transmit them to the Secretariat for circulation. Member States that wish to be assisted in this regard should contact the Secretariat. (d) On capital subscriptions, in line with the undertaking made th by the Member States during the 14 Council of Ministers meeting in 2002, Ethiopia was urged to subscribe for shares in ZEP-RE. Reports of COMESA Institutions (e) Malawi, Libya, Swaziland and Uganda were also urged to consider purchasing shares in ZEP-RE. The Eastern and Southern Trade Development (PTA) Bank Decisions 98. Council made the following decisions: 28

Select target paragraph3