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Head of SOFAR meets with NGO Coalition of EITI

Business Materials 13 June 2006 11:00 (UTC +04:00)

On 13 June the Executive Director of the State Oil Fund of Azerbaijan (SOFAR), Shahmar Movsumov, met with members of the Coalition of Non-governmental organizations on Extractive Industry Transparency Initiative (EITI), Trend reports citing the SOFAR.

During the meeting the representatives of the NGOs noted the successes in the process of implementation of the EITI and presented their proposals on further activities this sphere.

Movsumov estimated the cooperation of the coalition with the governmental commission in the application of the EITI and voiced his hope that in the continuation of the cooperation. The meeting of fact-finding character was held in constructive conditions with major accent on continuing the policy directed at the fulfillment of commitments undertaken under the transparency initiative, the same source underlined.

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