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Last updated on April 23, 2014 at 15:23 EDT

Australia to Host the EITI International Transparency Conference 22-24 May 2013

August 28, 2012

OSLO, August 28, 2012 /PRNewswire/ –

EITI International Secretariat

The EITI, the global standard for transparency of revenues from natural resources,
will hold its 2013 Global Conference on 22-24 May 2013 in Sydney, Australia.

(Logo:
http://www.newscom.com/cgi-bin/prnh/20111221/501307 )

This was announced today by the EITI Chair, Clare Short. Ms Short welcomed Australia’s
invitation to host the biennial EITI Global Conference:

“The EITI Global Conference in Sydney in May 2013 will be another milestone in the
evolution of the EITI. With 36 countries now implementing the EITI, and the United States
and several others preparing to do so, we are making strides in establishing the EITI as a
global standard. Together we are taking steps towards ensuring that natural resource
wealth leads to development.

“After two years of extensive consultations, the conference will see the launch of a
significantly revised EITI standard, which will strengthen EITI reporting, and help to
ensure that the EITI process becomes a national platform for improved natural resource
governance.

“We are grateful for the support and leadership that the Australian government is
providing,” Ms Short said.

Participants will discuss how the EITI is leading to more transparency in their
countries and agree how the standard should be further strengthened.

Australia is currently undertaking an EITI pilot, and has also launched a mining for
development initiative, providing technical assistance to help people overcome poverty by
supporting developing countries to translate their resource endowment into significant and
sustainable development. The EITI Global Conference is set back-to-back with Australia’s
Mining for Development conference on 20-21 May 2013.

Notes to editors

        1) Media enquiries can be addressed to Technical Director Sam Bartlettt at
          the EITI International Secretariat, +47-902-67-530 or sbartlett@eiti.org.
        2) Clare Short is the Chair of the international EITI Board since 2011. She was
          the UK Secretary of State for International Development (1997-2003). Her bio can be
          found at http://eiti.org/cshort.
        3) The EITI is a coalition of governments, companies, civil society groups,
          investors and international organisations. 36 countries are currently implementing the
          EITI standard [http://www.eiti.org/countries ], and recognised as either EITI
          Candidate or EITI Compliant. In October 2011, President Obama announced that the
          United States would implement the EITI, and Australia committed to pilot the EITI.


    Photo: 

http://www.newscom.com/cgi-bin/prnh/20111221/501307

SOURCE EITI


Source: PR Newswire