ID :
153561
Wed, 12/15/2010 - 22:20
Auther :
Shortlink :
https://www.oananews.org//node/153561
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SOFAZ Executive Director attends EITI International Board meeting
Baku, December 15 (AzerTAc). Chairman of the National Committee on Extractive Industries Transparency Initiative (EITI), member of the EITI International Board, Executive Director of Azerbaijan`s State Oil Fund Shahmar Movsumov participated in the EITI International Board meeting.
The event was held on 13-14 December in Brussels.
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 is 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.
The event was held on 13-14 December in Brussels.
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 is 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.