Contract disclosure in oil, gas and mining is rapidly becoming standard practice around the world, but in Myanmar, there has been little progress on contract transparency. The government now has an important opportunity to overhaul disclosure requirements and ensure Myanmar keeps pace with a growing global trend.
This briefing explains why the Mongolian government should publish natural resource contracts, describes the different contracts that exist in Mongolia’s extractive sector that should be disclosed, and suggests a path for making natural resource contract transparency a reality.
As Myanmar undergoes validation against the EITI standard, this briefing is intended to equip stakeholders in interrogating and correcting apparent inconsistencies in jade and gemstone sector statistics.
NRGI was instrumental in the passage of a Ukraine law that mandates the disclosure of extractive payments at the project level, the disclosure of the ultimate beneficial owners of companies, and the disclosure of “material” elements of contracts relating to the extractive industry.
NRGI and its partners have achieved the institutionalization of a multi-stakeholder platform which will soon draft reform action plans. As a result, in formerly autocratic Tunisia, a diversity of voices, including those from civil society, are being heard in crucial natural resource governance reform discussions.