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. In addition, Sao Tome and Principe had applied to voluntarily suspend their EITI Candidate status.
The Board of the Extractive Industry Transparency Initiative (EITI) is meeting 19-20 October in Dar-es-Salaam, Tanzania, to discuss the status of the countries Cameroon Gabon Ghana Kyrgyzstan Mongolia and Nigeria. These six countries are currently recognised as 'Candidate countries' to the international transparency standard for oil, gas and mining sectors. They have completed EITI Validation,
Cameroon, Gabon, Kyrgyzstan and Nigeria designated as EITI Candidate countries that are “close to compliance”
In recognition of their progress in implementing the EITI, the EITI Board has decided that Cameroon Gabon Kyrgyzstan and Nigeria are Candidate countries that are “close to compliance”. This was announced following the meeting of the EITI Board in Dar-es-Salaam 19-20 October.
These countries have completed EITI Validation, and the Board congratulated the government,
Peru and Mauritania were this week found to be in compliance with the EITI standard. The EITI (Extractive Industries Transparency Initiative) is the global standard that ensures accountability and transparency of the revenues from a country’s extractive sector. The international EITI Board announced that the two countries have been accepted as “EITI Compliant” at its meeting at Wiston House in the United Kingdom.
Oil production in Cameroon continues to decline because of maturing oil fields and failing investments.
Clare Short: a recognition of recent strides towards better disclosure.
Oil still the main contributor to the state budget.
This unprecedented level of disclosure could help reduce the risk of corruption
Fourteen countries are meeting in Abidjan, Cote d’Ivoire, for a week of training and peer learning. Chair Fredrik Reinfeldt joined the participants on the first day of the training to discuss the impact the EITI is having in their countries. Please see the programme attached below.
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Please consult the French version of this page for all training materials.
The International Secretariat is providing training to the MSGs and national secretariat in Cameroon. The training will focus on beneficial ownership and preparation for Validation.
For more information, please contact Anna Herbert de la Portbarré (firstname.lastname@example.org