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International: Mixed Message on Resource Revenue Transparency
The decision today to end two countries' quests for membership in a global initiative on openness about natural resource profits shows that the initiative will not automatically accept governments that lack the political will to improve, but requires further explanation, Human Rights Watch said. The Extractive Industries Transparency Initiative (EITI)...ended the candidacies of Equatorial Guinea and São Tomé e Príncipe...EITI's Board considered the cases of 18 countries that missed a crucial two-year deadline to have their candidacies evaluated by March 9, 2010. "EITI needs to explain why it expelled some countries that failed to show commitment but extended the candidacies of others whose commitment was also questionable," said...Human Rights Watch...Human Rights Watch has conducted extensive research on resource-rich countries that are plagued by human rights abuses and corruption...