Extractive Industries Transparency Initiative (EITI)

The Extractive Industries Transparency Initiative (EITI) is designed to increase transparency in revenue flows between oil, gas and mining companies and their host governments, in essence to monitor and publicise these revenues so that citizens can hold their governments to account for their use of the money.

EITI is a multi-stakeholder initiative involving representatives from national governments, the extractive industries, intergovernmental institutions and civil society, the first of its kind to bring together so many different stakeholders.

EITI is a voluntary agreement – participants join EITI because they feel they have something to gain - a more attractive environment for Foreign Direct Investment, a signal of good governance which can attract donor nations and institutions, or improved corporate reputation/ corporate social responsibility for business.

The Finance Minister is a EITI Champion. He and Minister Shahrani are working to make Afghanistan fully compliant with EITI by [date].