The meeting of the Multi-stakeholder Group (MSG) on implementation of Extractive Industries Transparency Initiative (EITI) in Azerbaijan was held on October 03, 2014.

During the meeting Government’s report for 2013 and draft of the Independent Accountant's report were presented to MSG members and it was decided stakeholders to present their comments on report within a month.

Challenges in the activities of the member organisations of NGO Coalition for Improving Transparency in Extractive Industries and other issues were discussed during the meeting.

EITI is a special multilateral and voluntary initiative, supported by a coalition of companies, governments, investors and civil society organizations and global standard for improved transparency in the oil, gas and mining sector. Azerbaijan joined EITI in 2003. Azerbaijan is the first ever country to complete validation process and designated as EITI Compliant Country. Azerbaijan was awarded the "2009 EITI Award" for its commitment to EITI principles and criteria and achievements in EITI Implementation.