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Article

14 Jun 2013

Author:
Alpha Condé, President of Guinea, in Guardian (UK)

In Guinea we want our resource wealth to work for all the people

We need G8 support for transparency and good global business governance so that our assets can be used to benefit everyone rather than just a few greedy mining companies and politicians...Guinea has vast mineral wealth…Making these assets work for all our people rather than a few… means confronting…deeply ingrained corruption… Lack of transparency…do[es] not mean only unpaid taxes…; they also…undermine our… democracy [and]…opens the door to…violence…Guinea has signed up to the Extractive Industries Transparency Initiative…We are developing new…partnerships with responsible global mining companies…We…[are] also…reviewing…mining contracts signed by Guinea's previous…regimes, and we have published all contracts online…What we need now is the support of developed countries in building a global business climate that permits those who play by the rules to prosper and locks out those who do not…Transparency and good governance promise to benefit not just countries like Guinea, but Britain and the world as well.