Call for PNG, Solomons to join transparency initiative

Jemima Garrett

Last Updated: Wed, 24 Feb 2010 21:41:00 +1100

One of the world's leading mining and resource non-government organisations has called on Papua New Guinea and Solomon Islands to join an international body.

The Extractive Industries Transparency Initiative was started by former British Prime Minister, Tony Blair.

It aims to reduce corruption and exploitation of poor countries by getting companies to publish the payments they make and countries to publish the revenue they receive.

Karin Lissakers, Executive Director of the New York-based Revenue Watch Institute, says developing countries can use the initiative to increase the revenue they get from mining and resource projects. She has called on Papua New Guinea and Solomon Islands to join.

The Revenue Watch Insitute offers free technical advice to countries implementing the Extractive Industries Transparency initiative.

Ms Lissakers is in Australia on a two-day visit.

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