Extractive Industries Transparency Initiative (EITI) - Ministry of Mines and Petroleum

Extractive Industries Transparency Initiative (EITI)

The Extractive Industries Transparency Initiative (EITI) is a global voluntary standard to ensure transparency of payments from natural resources. Governments sign up to EITI to implement it at the national level. Extractive sector companies voluntarily sign up to EITI as a widely recognised global benchmark of good corporate practice and are also required to participate in the initiative in many of the countries in which they operate.

EITI is designed to increase transparency in revenue flows between mining, oil and gas companies and the government, by Click to Enlorgemonitoring and publicising the revenues that the government receives from companies and the payments companies make to the government. These payments and revenues are reconciled on an annual basis and publicly disclosed in an annual ‘EITI Report’. The report should be widely disseminated and communicated among the general public, and civil society plays a key role in monitoring and publicising the findings. Ultimately, through EITI, governments are more accountable for the revenues they receive from the exploitation of their country’s natural resources.

The EITI process in each country is implemented by a multi-stakeholder group (MSG), which includes representatives from government, the extractive industries, and civil society. Donor organisations and other international institutions are often involved in the process as observers.

The government of Afghanistan signed up to EITI in 2009. EITI in Afghanistan is called the Afghanistan Extractive Industries Transparency Initiative, or AEITI.The implementing organisation of AEITI is the AEITI MSG, which meets every 6-8 weeks. The AEITI Secretariat provides coordination and administrative support to the MSG.

Afghanistan published its first AEITI Report in July 2012 and its second AEITI Report in October 2012. These can be downloaded using the links below.

The Minister of Finance is the AEITI Champion and Chair of the AEITI MSG. The Minister of Mines is the co-Chair. Afghanistan’s level of compliance with EITI will be assessed by the end of 2012. The international EITI methodology for this assessment is a ‘validation’. Validation is a key part of EITI implementation and involves an independent third party assessing the country’s level of compliance against 20 EITI requirements. Afghanistan’s validation deadline is February 2013.

Globally, there are currently 15 EITI compliant countries and 21 candidate countries. It is hoped that Afghanistan will move from candidate status to compliant status after the validation deadline in February 2013.

 

Afghanistan Extractive Industries Transparency Initiative (AEITI)

Extractive Industries Transparency Initiative international website

 

Link to AEITI Reports:

Summary of First AEITI Reconciliation Report
Afghanistan First EITI Reconciliation Report 1387 - 1388
Afghanistan Second EITI Reconciliation  - 1389

Contracts

Executive Summary Regarding Tender Process of Aynak Copper

AEITI Reporting Templates

STATEMENT ON EITI NATIONAL RECONCILIATION REPORT FOR MINING REVENUES IN 1389