The CESD Working Paper: The cost of Azerbaijan’s leaving the EITI

The CESD Working Paper: The cost of Azerbaijan’s leaving the EITI

On March 9, Azerbaijan’s membership in the Extractive Industries Transparency Initiative (EITI) was suspended, during the 36th EITI Board Meeting held in Bogota, Colombia. Following the decision on the suspension, Shahmar Movsumov, executive director of the State Oil Fund of Azerbaijan (SOFAZ), chairman of the government commission on EITI and chairman of the EITI Multi-stakeholder Group, made an official announcement on Azerbaijan’s leaving the EITI: “I kindly ask the International Secretariat to remove Azerbaijan from the list of countries implementing the EITI immediately”…

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