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Decisive Moment for Global Transparency Effort
Author: Human Rights Watch, Published on: 9 March 2010
Twenty of the 22 current candidates to join the Extractive Industries Transparency Initiative (EITI) have not fulfilled the basic requirements…To qualify to be considered "EITI compliant," countries must…publish at least one national report disclosing company payments and government revenues from the extractives sector and have in place a functioning national multi-stakeholder group that includes civil society participation…The EITI board…has the authority to grant additional time if the country demonstrates that its delays were due to "exceptional and unforeseen circumstances…Human Rights Watch…insist[s] that extensions be offered only once, and…countries failing to meet the revised deadline be automatically dropped.