Delayed regional rollout of EITI expected in May: activist

The Extractive Industries Transparency Initiative (EITI) process is to be expanded to the state and region level by May, starting with Mandalay Region, it was announced yesterday. The EITI is a global standard to promote the open and accountable management of natural resources. It seeks to strengthen government and company systems, inform public debate, and […]

Can EITI membership make resource revenues transparent?

It can be easy joining groups: The challenge is in seeing the membership through. Myanmar signed up to the Extractive Industries Transparency Initiative (EITI) on July 2. The agreement promotes openness and accountable management of revenues from natural resources, requiring annual disclosure of taxes and other payments by oil, gas and mining companies to governments. […]