EITI Multi Stakeholder Group holds meeting

Baku: The meeting of the Multi-stakeholder Group (MSG) on implementation of Extractive Industries Transparency Initiative (EITI) in Azerbaijan was held on July 21, 2014.

Challenges in the activities of the member organisations of NGO Coalition for Improving Transparency in Extractive Industries were discussed during the meeting. MSG talked over the activities of Working Group established to support Auditor’s work on preparation of the synthetic tables and contextual information as a part of the Auditor’s report.

EITI is a special multilateral and voluntary initiative, supported by a coalition of companies, governments, investors and civil society organizations and global standard for improved transparency in the oil, gas and mining sector. Azerbaijan joined EITI in 2003. Azerbaijan is the first ever country to complete validation process and designated as EITI Compliant Country. Azerbaijan was awarded the “2009 EITI Award” for its commitment to EITI principles and criteria and achievements in EITI Implementation.

SOURCE: AZERI PRESS NEWS AGENCY