The next meeting of the Multi-stakeholder Group (MSG) on implementation of Extractive Industries Transparency Initiative (EITI) in Azerbaijan was held on April 15, 2016 at the State Oil Fund of the Republic of Azerbaijan.

During the meeting participants got information about the latest updates on EITI and also held discussions on the Auditor’s Terms of Reference for the next EITI reporting and adaptation of the reporting to the newly adopted Standards, execution of the Action Plan for the upcoming validation and restoration of compliant status, recommendation document prepared by the Oil Workers’ Rights Protection Organization, web site built jointly by the Natural Resource Governance Institute (NRGI) and NGO Coalition (azeitireport.org), EITI Standards updated at the VII EITI Global Conference held in Lima on February 24-25, 2016, Activity Report for 2015, Ethic Codecs of MSG, presentation of the opinion of the Coalition of NGOs on Increasing Transparency in Extractive Industries on 2014 EITI Report and other issues.

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 was awarded the "2009 EITI Award" for its commitment to EITI principles and criteria and achievements in EITI Implementation.