Shahmar Movsumov, the Executive Director of the State Oil Fund received Dr. Nana Tanko, Executive Director of the Open Society Initiative for West Africa and Farda Asadov, Executive Director of the OSI Azerbaijan office. The issues concerning implementation of the Extractive Industries Transparency Initiative (EITI) in Azerbaijan, cooperation between the government of Azerbaijan and civil society and transparency in State Oil Fund’s activity were discussed at the meeting.

Notifying to guests about EITI implementation to be of great importance for Azerbaijan government, S. Movsumov asserted that Azerbaijan published four EITI reports in collaboration with stakeholders from NGO Coalition for Increasing Transparency in Azerbaijan and local and foreign extractive industry companies. Dr. Tanko defined Azerbaijan’s success on EITI implementation as unique, in response to which Mr. Movsumov assured of Azerbaijan’s readiness in sharing its expertise with other countries.