Guyana’s Minister of Natural Resources Raphael Trotman and National Coordinator of the Guyana Extractive Industries Transparency Initiative (GYEITI) Dr. Rudy Jadoopat have been invited to attend the 38th EITI International Board Meeting in Manila, Philippines on October 25-26, 2017.
OilNOW can confirm that Mr. Trotman and Dr. Jadoopat have been invited as observers only, since Guyana is not yet a member of the transparency body.
Guyana officially submitted its candidature application to the International Secretariat of EITI in Oslo, Norway, in August. The country’s application will be considered at the October meeting.
OilNOW understands that following Guyana’s candidature application submission, the EITI International Secretariat sought a number of clarifications and since then, several adjustments were made. The application is still under review by the EITI International Secretariat’s Outreach and Candidature Committee. However the GYEITI Secretariat remains optimistic that at the meeting Guyana’s application will be favourably reviewed, allowing the country to become an EITI candidate and in so doing commit to transparency regarding what companies in the extractive industries pay to government and what government receives.
The GYEITI Multi-stakeholder Group (MSG) which comprises Government, Industry and Civil Society, has the presence of both ExxonMobil and Repsol, in addition to persons from the mining and forestry sectors.