The First Ukraine 2013 EITI Report Approved

The First Ukraine 2013 EITI Report Approved
01 December 2015
   On 30 November 2015, experts of the MFSI-II Project took part in a strategically important meeting of the Multi-Stakeholder Group (MSG) on implementation in Ukraine of an international standard of ensuring transparency of revenues from natural resources (Extractive Industries Transparency Initiative (EITI)).
   The Independent Administrator (Ernst&Young) presented at the meeting the final first Ukraine EITI Report for 2013. MSG members approved the report with some suggestions and they would have to rectify it by 4 December 2015. On 4 December 2015, the report should be published on the website of the Ministry of Energy and Coal Industry of Ukraine.
   On 7 December 2015, the Ukraine EITI report will be presented to the general public at the International Forum for Sustainable Resource Management in Kyiv.
   This is an important step towards implementation of EITI in Ukraine, as it demonstrates fulfillment of the 2015 Work Plan, contributes to strengthening the fight against corruption, and creates conditions for citizen participation in the management of natural resources.