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Article

30 Jan 2012

Author:
Public Agenda, Ghana

Pace gathers for strong extractive transparency laws in Europe, As Euro-MP meets with African campaigners and pledges support for robust rules

...Arlene McCarthy, the European Parliament's rapporteur for the EU Transparency Directive, met with Publish What You Pay campaigners from Chad, Ghana and Niger on Wednesday and confirmed the EU's interest in country-by-country reporting...Ms McCarthy said: "Talking to civil society representatives from Africa has confirmed the enormous benefits country-by-country reporting for EU companies will have on developing countries. "Especially project-level disclosure will allow local communities in resource-rich countries to expose any corruption and hold their governments accountable for using revenues towards development."...Dr Steve Manteaw...Chair of the PWYP Africa Steering Committee, said: "...This legislation will make a real difference in our ability to ensure the revenues generated from our natural resources benefit everyone rather than a select few."