Delegation headed by the Chairman of the National EITI Committee, a member of the EITI International Board and the Executive Director of the State Oil Fund of the Republic of Azerbaijan Shahmar Movsumov is participating at the 5th EITI Global Conference on March 2-3, 2011 in Paris.

During the first day of the Conference various issues, including reelection of the EITI Board and achievements on EITI implementation in different countries, were discussed. Azerbaijan was reelected to the EITI International Board and Shahmar Movsumov was elected Board's alternative member.

Executive Director of the State Oil Fund of the Republic of Azerbaijan, Shahmar Movsumov made a speech on progress in EITI implementation in Azerbaijan. Shahmar Movsumov mentioned that, as a result of implementation of EITI all citizens can get information about every dollar received by the government from the sale of each barrel of oil, each cubic meter of gas.