A meeting of EITI stakeholders - the EITI Committee, the non-governmental organizations' Coalition for Increasing Transparency in Extractive Industries, foreign and local extractive industry companies, operating in Azerbaijan, was held on June 17, 2008.

The preparation for Validation process, selection of validator among 7 companies approved by International EITI Board, proposals on the changes to the Memorandum of Understanding on implementation of the Extractive Industries Transparency Initiative in Azerbaijan made by the Coalition for Improving Transparency in Extractive Industries were discussed at the meeting.

As a result of the meeting it was decided to establish a new working group for the coordination of the Validation process.