Coalition office
Address: J. Jabbarli 44, Caspian Plaza 3, floor 9, Baku, AZ1065
tel/fax: (+99412) 437 13 20
.:. For improving transparency in extractive industries .:.
The EITI was launched by Tony
Blair at the World Summit on Sustainable Development in Johannesburg, September
2002.
The stated objective of the EITI is “to increase transparency over payments
and revenues in the extractives sector in countries heavily dependent on these
resources.” »
We, the representatives of Azerbaijani
non-governmental organizations, are announcing the establishment of the Coalition
“For improving transparency in extractive industries” in an effort to ensure
public control over the revenues obtained through the exploitation of the country’s
» Members
of the Coalition (May 13, 2004, Baki)
PHOTO GALLERY
EXTRACTIVE INDUSTRY NEWS: Azerbaijan
Decleration of the EITI NGO Coalition of Azerbaijan
The NGO Coalition of Azerbaijan for "Improving Transparency in Extractive Industries" readily accepts the Decree of the US Senate dated July 15 on the "Disclosure of Payments of Extractive Companies Registered at US Securities and Exchange Commissions on Payments to Local Governments". This decision necessiates a disagregated reporting system by several extractive companies in Azerbaijan and will lead to a more clear structure of revenues from this sector.
The law “About Oil Fund” has been represented to the society
Public Unions’ Coalition for Improving Transparency in Extractive Industry (EITI) holds appropriate project on preparation of the Law project “About Oil Fund”. The main goals of the project are popularizing of mentioned idea and to represent it to discussions of the Parliament.
NGO Coalition achieved inclusion of several important issues into EITI workplan
February 4, 2010 Multistakeholder Group on EITI in Azerbaijan held its first meeting. The meeting agenda included review of NGO Coalition on 11th EITI report, approval of EITI work plan for 2010 and selection of Audit Company for next reporting period. The very fact that a work plan was discussed in details, made this meeting particularly important. Initial draft sent by the Government Commission included just one issue – EITI reports and selection of audit company.
Public discussion of Draft Law about State Oil Fund of Azerbaijan Republic (SOFAZ) has been held
According to information service of EITI Coalition, author of the draft law and Coalition Council member Alimammad Nuriyev gave broaden information about principles given on the document. Mr. Nuriyev notified that, even much more little details as SOFAZ, management of revenues, oil-gas exploration for benefit of the future generation and citizens of the country...
STATEMENT by the EITI Coalition of civil society institutions on the (11th) the six-monthly Report of 2009
The six-monthly report (11th report) of the Commission on the Extractive Industries Transparency Initiative in the Azerbaijan Republic that was finalized on June 30, 2009 and Independent Accountant’s Opinion (“Moore Stephence”) was presented to the general public and parties of the Memorandum of Understanding at a joint meeting of MoU parties on 14th December, 2009.
Baku Conference on EITI was finalized.
A two-day regional meeting held at Crescent Beach Hotel in Baku by Economic Research Center and with organizational support of NGO Coalition for Improving Transparency in Extractive Industry and funding support from East-East program of SOROS Foundation and Open Society Institute-Assistance Foundation completed its work.
EITI Coalition urges the government to fulfill the obligations
Today a press-conference devoted to the issues existing in application of the transparency initiative and organized by the Extractive Industries Transparency Initiative (EITI) was held in “Caspian Plaza”. Gubad Ibadoglu, the Coordinator of the EITI Coalition Council, notifying the media representatives regarding the details of the issue underlined that Azerbaijan...
Round-table has been held with participation of EITI Board members
A round-table has been held with participation of members of EITI International Board and Memorandum parties-representatives of government, companies and NGOs on 15 October at Landmark Hotel, Baku. The first speech was made by Chair of Government Commission on EITI and executive director of SOFAZ Shahmar Movsumov, he spoke about achieved successes on EITI in Azerbaijan.
EITI Committee holds meeting
A meeting of the Committee on implementation of Extractive Industries Transparency Initiative (EITI) in Azerbaijan presided over by Shahmar Movsumov, Chairman of the Committee and the Executive Director of the State Oil Fund, was held on September 15, 2009. Shahmar Movsumov updated the members of the Committee on latest developments of EITI implementation.
International Transparency Initiative appraisal process and it execution in Azerbaijan
Azerbaijan received full-right country status related to Initiative in the conference dedicated to International Output Industry Transparency Initiative which was held in Qatar, Doha February 16-18. Thus, between 25 candidate countries Azerbaijan was the first to be approved as a full-right country status.
AZERBAIJAN STARTS EXPORTING GOLD
Now, Azerbaijan should be following not only oil, but also gold prices in the market. Beginning from July 21, Azerbaijan started gold exportation to world markets. 36 kg of gold sent to Switzerland for preliminary processing extracted from “Gadabay” mine. The exportation will grow to 120kg per month, in the future.
Exclusive notification from the EITI International Secretariat to the "Transparency" Magazine
Ordinary meeting of the EITI International Management Board is planned to be held in Baku on October 14-15. We addressed to Mr. Peter Eigen, the Chairman of the EITI Management Board for the purpose of gaining responses regarding the matters to be discussed in the meeting, influence of this event on the EITI process, fulfillment of the obligations of Azerbaijan within the frames of the initiative and other issues.
