This week Norway, the first OECD country to implement the Extractive Industries Transparency Initiative (EITI), took an important step by publicly releasing its first EITI report disclosing all payments of taxes and fees made by oil companies to the government in 2008.
PWYP Norway coordinator Mona Thowsen congratulated Norway at the launch event and encouraged “all resource rich countries, including other OECD countries to engage meaningfully in the EITI tripartite process…”
U.S. Senators Dick Lugar and Benjamin L. Cardin commended the government of Norway for this milestone event and called on the US to follow Norway’s standard-setting example of transparency in its own extractive sector.
The report can be downloaded here in English and Norwegian.
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