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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... |
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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. |
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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. |
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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...
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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. |
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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. |
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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. |
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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. |
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Ambassador of Norway Kingdom to Azerbaijan John Romberg: "Wider application of EITI in Azerbaijan is necessary"
Embassy of Norway Kingdom to Azerbaijan has ever proved as active supporter of democracy, mass-media and development of the civil community. Presently this support is rendered by John Romberg, the present ambassador of the Norway Kingdom to Azerbaijan. Mr. |
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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. |
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STATEMENT by the EITI Coalition of civil society institutions on the on formation of Multi Stakeholder Group in Azerbaijan
On February 16, 2009 Azerbaijan was given EITI-compliant status at the 7th EITI Board Meeting, Doha. Before getting this status among 26 candidate countries, Validation process has been held on implementation of EITI in Azerbaijan by Validator Group- Coffee International Company. |
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