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Ambassador: EITI implementation â€“ important for both US, Azerbaijan

30 April 2016 10:20 (UTC +04:00)

He made the remarks Apr. 30 while speaking at the 18th General Assembly of the Coalition for Increasing Transparency in Extractive Industries in Baku.

The ambassador expressed confidence that Azerbaijan will be able to fulfill its obligations within the framework of the EITI in order to increase transparency in extractive industries and diversify economy.

He said that the extractive industries transparency has three main features – government, public associations and corporate companies.

Cekuta went on to add that the success of this initiative passes through some principles – how much you can provide information and what is the value of the information submitted for discussion.