Sweden to get behind the EITI

PRESS RELEASE

[img_assist|nid=457|title=|desc=|link=none|align=right|width=150|height=94]The Swedish Government announced today their support of the Extractive Industry Transparency Initiative (EITI). State Secretary Mr Gunnar Wieslander announced the Swedish support of the initiative at a meeting with Dr Peter Eigen, Chairman of the EITI, and Swedish companies that operate in the extractive sector.

With this, Sweden joins Australia, France, Germany, Norway, UK, US and others in working towards increased transparency in the management of revenues from the oil, gas and mining sector. The initiative is being implemented in 23 countries across Africa, Asia, Latin America, and the Middle East.

At the meeting Dr Peter Eigen said: “Sweden has long been at the forefront of advocating transparency and openness. The Swedish experience has shown that openness is a key part in fostering an environment of trust, accountability and growth. Sweden’s pledge to get behind the EITI, is important in our efforts to make the EITI the global standard for increased transparency in the extractive industry.”

Media enquiries, further questions can be addressed to Anders Tunold Kråkenes at the EITI International Secretariat.