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.
Les enquêtes les plus récentes montrent que le renforcement de la transparence et de l’implication du public en matière de passation de marchés constitue un moyen efficace de négocier des termes plus avantageux pour le public, d’améliorer les services publics, de décourager la fraude et la corruption, d’établir la confiance et de promouvoir un environnement commercial plus concurrentiel.
Deals in the oil, gas and mining sectors may be worth billions of dollars over decades. Yet there is surprisingly little systematic guidance for ensuring transparency in allocating and managing the rights to explore for and exploit natural resources.
Four years after the Extractive Industries Transparency Initiative (EITI) began encouraging contract disclosure through its standard, this report assesses the extent to which governments of resource-rich countries have taken up the recommendation.