US withdraws from Extractive Industries Transparency Initiative

November 5, 2017

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The US has withdrawn as an implementing country from the Extractive Industries Transparency Initiative (EITI), an international initiative to account for revenues from extractive industries, including the global oil sector and mining.

In a letter to the EITI board on Thursday, the Director of the US Office of Natural Resources Revenue, Gregory Gould, wrote that “effective immediately” the US was withdrawing as an EITI Implementing country.

Category: General