The next Multi-stakeholder Group (MSG) meeting on implementation of Extractive Industries Transparency Initiative (EITI) in Azerbaijan was held on July 4, 2016 at the State Oil Fund of the Republic of Azerbaijan (SOFAZ).

During the meeting with the participation of the members of EITI International Board Ms. Dyveke Rogan and Ms. Tatiana Sedova the participants discussed the next Validation process in Azerbaijan.

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.