EITI WORKING GROUP HOLDS 42ND MEETING

The 42nd meeting of the working group on the Extractive Industries Transparency Initiative (EITI) was attended by officials from the Ministries of Finance, Mining and Heavy Industry and the Environment, the Anti-Corruption Agency, the General Customs Authority, the Authorities for Mineral Resources and Water Management, and the Oyu Tolgoi, the Boroo Gold and the Petro Matad companies, on November 23.

A member of the National Council on EITI and vice chairman of the General Taxation Authority, B.Zayabal chaired the meeting, which presented a draft 2015 General Report of EITI Mongolia, the performance of action plan for 2016 EITI Mongolia, and the Roadmap Program for Uncovering the shareholders and beneficiaries of mining companies.

The gathered approved the draft 2015 General Report and decided to prepare it for submission to the National Council on EITI. The working group was tasked to revise the Roadmap Program by reflecting some recommendations from the meeting participants.

The National Council on EITI consists of  the Prime Minister, J.Erdenebat, who is the chairman of the committee, vice chairman - the Minister of Mining and Heavy Industry, S.Dashdorj and the Secretary - the senior adviser to the PM, N.Enkhbayar.

The EITI was established in 2002 under auspices of the United Nations, and Mongolia joined it in 2006.

Source:http://en.montsame.mn/politics/eiti-working-group-holds-42nd-meeting