Wednesday, March 19, 2014

U.S., Ethiopia, PNG to join anti-corruption drive

(Mar 19, 2014, OSLO/ADDIS ABABA, (Reuters))--Ethiopia, the United States and Papua New Guinea are on course to join the leading world initiative to combat corruption in the energy and mining industries.

The Oslo-based Extractive Industries Transparency Initiative (EITI) approved their applications on Wednesday, drawing swift criticism from human rights campaigners for admitting Ethiopia. The three now have three years comply with EITI standards.

Ethiopia has no proven petroleum reserves and a small mining industry driven by potash producers. Rights activists accuse it of political repression. New York-based Human Rights Watch, which had asked the EITI board to reject the East African country's membership bid, said the EITI's reputation had been damaged. Read more from Hartford Courant, Connecticut » 

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