A mission to Azerbaijan was recently completed. The mission took place following concerns expressed at Board meetings about the extent to which civil society representatives can play their role in the EITI. The findings of the mission will be considered by the International Board when it meets in Myanmar on 13 October. Until then, the EITI will not make any further comments.
Azerbaijan was one of the first countries to implement the EITI and recently issued its 14th EITI Report. During the Caspian oil and gas conference in Baku 6-7 June 2011, HE Ilham Aliyev, the President of Azerbaijan Republic committed to the continued push for transparency and implementation of the EITI.
On 20 June, Azerbaijan published its 14th EITI report disclosing company payments and government revenues from the extractive sector in the period January - December 2010. The report covers revenues from oil, gas, silver and gold industries. The report was prepared by Moore Stephens and is available on the State Oil Fund (SOFAZ) website.
EITI will hold its 10th Board meeting in Baku 14-15 October 2009. The Government of Azerbaijan, the first country to complete EITI validation, will host the meeting.
First country to be validated against the 2013 EITI Standard.
Implementers from 11 countries met to share experiences from their EITI.
The international credit rating agency Fitch Ratings has announced that they have upgraded Azerbaijan's sovereign credit ratings.
The EITI Secretariat monitors on a daily basis global media for mentions of the EITI. Below are some of the articles from the past month that the EITI Secretariat has picked up.
BAKU, 15 OCTOBER 2009 The Board of the EITI (Extractive Industries Transparency Initiative) held its 10th meeting in Baku, Azerbaijan on 14-15 October 2009.