The first sitting of the International Consulting Group on the Transparency Initiative in Extracting Industry (EITI) was held in London. The executive director of the State Oil Fund of the Azerbaijan Republic (SOFAR) Samir Sharifov took part in the event, SOFAR told Trend.
At the meeting, held under the chairmanship of the Transparency International head Peter Eigen, the project вЂњThe vision of the future of the transparency initiativeвЂќ was presented, and discussions on further implementation of the initiative and its ratification took place.
The Minister for Minerals Development from Netherlands Obi Ezekvesili, the NorwayвЂ™s State Secretary on International Development Leiv Lunde, the second deputy State Secretary of the USA Lari Greenwood and a number of foreign officials also participated in the event.
Sharifov reported the participants that 2 reports on the initiative are made public in Azerbaijan and the next one is underway. He also spoke out for carrying on such measures.
The BP Vice-President Graham Buxster appreciated highly this move of the AzerbaijanвЂ™s government.
The next meeting of the International Consulting Group on the Initiative of Transparency in the Extracting Industry will take place on 21 October in Washington. One more meeting is planned to be held on 5-6 April in Baku.