a catalystic for regional initiatives to fight impunity, improve accountability, and advance regional judicial cooperation and strengthen the rule of law, because again, these are the basic ingredients for instability, and we believe that our as an office of the UN there, we should emulate and encourage initiatives aimed at strengthening the rule of law, which is important for the stability, which is important also for the investments and business.As I work with the various stakeholders to deliver this comprehensive multi-track approach to promote peace and stability, it has become very clear to me that one enabler that can potentially put the region on a trajectory of economic growth and shared prosperity is, without doubt, the private sector. The signatories of the PSC framework are aware of the important role that business can play in promoting peace and entrenching stability. They look to private sector investors to tap into the region immense economic opportunities. They are keen to create the propitious conditions to turning the region into a viable and attractive investment destination. That is the spirit that guides guided their decision to convene the Private Sector Investment Conference for the Great Lakes Region. This important event, the first of its kind, is expected to take place in Kinshasa after a process of selection on 24, 25th February, 2016. Yesterday, the signatory country members of the framework, of the PSC framework, met to review progress and challenges in the security about the situation in the region. I am pleased to report that despite serious concern that we have on the situation in the South Sudan and especially in Burundi we have been discussing the issue of Burundi, with the risk of things really deteriorating further the overall situation remains on a positive trend rather on positive trend. There is a stronger political commitment from the signatories to ensure that the region economic potential is fully realized. Despite the weakening of oil and other commodities prices, the region remains dynamic, with vigorous growth prospects. The investment climate is registering some progress. My office and the ICGLR, which is this organization that was established in the 2006 to emulate cooperation, integration, cooperation in the region, are working closely with the global compact, the IFC, the African Development Bank, regional economic communities, the Pan-African Association of Chamber of Commerce and Industry, as well other stakeholders to assess the investment climate and sensitize policymakers about the need for further legal and regulatory reforms to mobilize greater and responsible investment. You have, actually, a very important conference on the 1st and 2nd September in Addis Ababa devoted to discussing this.This brings us to the issue of the dialogue with governments on the need to create a propitious environment for investment. Since last year, through a wide concentrative process across the countries of the region, we have identified 25 illustrative catalytic regional projects with the regional dimension and integrate with the high value for integration which were preparing to showcase at the conference next year in Kinshasa. I have established a high steering committee to help provide strategy