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.

UPDATE, 13 September 2010: Please take note of the following clarifications.

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.

The International EITI Board is holding its 12^th meeting in Berlin on 15-16 April. At the meeting, the Board will take stock of progress in the 32 countries that are currently implementing the EITI standard.