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Article

16 Feb 2012

Author:
Extractive Industries Transparency Initiative

Peru and Mauritania Declared 'Compliant' by Eiti, Global Transparency Standard

Peru and Mauritania were yesterday found to in compliance with the EITI standard…(Extractive Industries Transparency Initiative)…the global standard that ensures accountability and transparency of the revenues from a country's extractives sector. The international EITI Board announced that the two countries have been accepted as "EITI Compliant" at its meeting at Wiston House in the United Kingdom. Clare Short, Chair of the international EITI Board congratulates Peru and Mauritania saying, "Peru is a leader in natural resource transparency in Latin America, in particular in disclosing payments at the local as well as at the national level…I welcome Peru's commitment to advanced transparency regionally, and Mauritania's plans to expand their EITI into fisheries."…