BERLIN, 16 APRIL 2010. The Board of the Extractive Industries Transparency Initiative, the international standard for improved transparency in countries’ natural resource sector, met in Berlin 15-16 April. The Board discussed the request of 17 of the 32 countries currently implementing the EITI to extend their deadline for completing EITI Validation.
On Thursday 25 March 2010 the President of Sierra Leone, Dr Ernest Bai Koroma, launched Sierra Leone’s first EITI report that discloses all payments made from mining companies to the government for 2006 and 2007.
Dr Peter Eigen, Chair of the Extractive Industries Transparency Initiative (EITI), will visit Liberia, Sierra Leone and Nigeria this week to recognise and encourage the progress being made towards the EITI standard. Like so many in the region, these countries are characterised by violence, corruption and poverty, as well as an abundance of natural resources. This paradox is often called the r