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Article

27 May 2011

Author:
G8 Information Centre

G8 Declaration: Renewed Commitment for Freedom and Democracy

...Paragraph 62...[The G8]...will continue to support transparency…including through the full implementation of the Extractive Industry Transparency Initiative (EITI), which we all support, We call on all countries, notably resource-rich countries, and extractive companies to join or support this initiative. We also welcome the complementary efforts to increase revenue transparency, and commit to setting in place transparency laws and regulations or to promoting voluntary standards that require or encourage oil, gas, and mining companies to disclose the payments they make to governments.