Civil society

WB specialist’s meeting with CSOs within the framework of EITI

16.10.2014

On October 16 Transparency International Anticorruption Center hosted a meeting of Gary McMahon, Senior Mining Specialist of the World Bank with a group of interested representatives of civil society to present EITI and the role of public organizations in promoting it.

According to Open Government Partnership Second Action Plan of the Republic of Armenia 2014-2016 the Armenian Government undertook to implement a number of actions to join the Extracting Industries Transparency Initiative (EITI) and to promote transparency of mining industry in Armenia. It's worth to mention, that the current situation in the mining sector does not meet the contemporary requirements presented by the state and the society, particularly, the level of accountability of mining companies and the state on expenses and revenues needs improvement. Joining the EITI initiative will increase the transparency in the sector, will ensure high level of accountability, as well as improve the investment environment. It is planned to hold discussions, negotiations and other necessary preparatory works for jining the EITI. 

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