The Group of Eight (G8) summit "Growth and responsibility in the world economy" declaration adopted on June 7, 2007 in Helligendamn, Germany included the statement on Extractive Industries Transparency Initiative (EITI) implementation within "Responsibility for raw materials: Transparency and Sustainable Growth". The statement underlines that raw materials produced by the extractive sector are a key factor for sustainable growth in industrialised, emerging and developing economies and increased transparency is important with regard to the extractive industry. The G8 says that it will continue to support good governance and anti-corruption initiatives, such as EITI. "We commit to provide continuous assistance to strengthen EITI, as appropriate through financial, echnical and political means. Equally, we invite all stake-holders to provide support for the implementation of the EITI" - the document reads out.

The G8 call on implementing countries and companies participating in EITI to implement the Initiative and comply with their disclosure commitments. "Equally, we encourage further countries to participate in EITI as appropriate". Welcoming the fact that an independent validation-process has been initiated to monitor the national implementation measures the forum encourages prompt application and further development of the validation methodology.

The G8 is one of the most important international forums for dealing with global issues. Adoption of the declaration on EITI at the forum of Heads of State and Government of Germany, France, the United Kingdom, Italy, Japan, the United States, Canada and Russia indicates the initiative becoming anti-corruption norm globally. Azerbaijan, leading country in EITI implementation process that already disclosed 5 EITI reports, has committed to be first in validation process as well.

One more document is to be adopted this year globally. The UN Resolution drafted by the government of Azerbaijan supporting EITI implementation throughout the world is expected to be submitted to the UN General Assembly this fall.