Mr Magama indicated that the Southern African Development Community (SADC) region felt the impact of the EU economic downturn, for instance it had influenced the Southern African Customs Union (SACU). He pointed out that there was a sizeable reduction in the revenue with the decrease in trade. Most of the SACU members received more than 70% of their income from SACU revenue. Reduced income meant greater deficit, for instance Swaziland's economic challenges were due to the loss of revenue from SACU. The situation within SACU impacted on the regional dynamics of peace and security between SACU partners. Security and other risks, given the instability, underdevelopment and poverty, also come into play. We were susceptible to the challenges of instability of our own country, so there were a plethora of ramifications flowing from the crises in Europe.