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EITI Secretariat Gets Familiar with Azerbaijan’s Achievements in Application of Transparency Initiative

Oil&Gas Materials 12 June 2007 14:11 (UTC +04:00)

Azerbaijan, Baku / Trend / Shahmar Movsumov, the Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) and the Chairman of the National Committee on Extractive Industries Transparency Initiative (EITI) met with Jonas Moberg, the Head of the EITI Secretariat based in Oslo, Norway.

The further activity of the newly established Secretariat, latest developments on EITI implementation in Azerbaijan, the UN Resolution drafted by the government of Azerbaijan for submission to the organization's General Assembly was discussed at the meeting.

Mr. Movsumov said during the meeting that leading the EITI implementation process worldwide, Azerbaijan commited to be a first country in the EITI validation process as well.

The talks also focused on the preparatations for the next EITI Board meeting, which is expected to take place in September 2007.

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