Ukraine seeks to improve investment climate
Ukraine submits Candidature application for the EITI in order to improve the management of its natural resources.
Ukraine submits Candidature application for the EITI in order to improve the management of its natural resources.
The EITI Board approved Ukraine’s application for EITI Candidate status at its meeting in Abidjan on 17 October 2013.
The Ministry of Energy and Coal Industry of Ukraine is seeking an IA to prepare and reconcile the EITI report.
43 countries publish roadmaps to disclose the real owners of companies in oil, gas and mining by January 2020. 20 commit to public registers.
The EITI Standard requires that companies that “bid for, operate or invest in extractive assets” should publicly disclose the identity of their beneficial owners. Over the past month, 43 EITI countries have published their plans for how to disclose the real owners of companies in their extractive sector by January 2020.
The International Secretariat is visiting the country to carry out the first stage (Initial data collection and stakeholder consultation) of Validation. To find out more about Ukraine (includes information on the country manager), visit the country page
Sam Bartlett from the Secretariat welcomes stakeholder input in preparation to the country visits.
After the 2014 Revolution of Dignity, Ukraine has heralded a new era of open government, through the EITI and other international commitments. With Ukraine’s elections drawing closer and reform-efforts are, according to some analysts, slowing down, begging the question: is this the beginning of the end for transparency in Ukraine’s extractive sector, or a move to a new and improved phase?