Visitors from the Socialist Republic of Vietnam and the Natural Resource Governance Institute (NRGI) based in London recently came to the country to visit the Compostela Valley Province to study the transparency initiative efforts being done at the province otherwise known as the Extractive Industry Transparency Initiative (EITI). The transparency initiative is with the support of the national government, concerned national government agencies and assistance of Bantay Kita, a coalition of various civil society, academe and non-government organizations who are pushing for transparency and accountability in the extractive industry.
The objective of the visit is mainly to meet and discuss with the local government officials of Comval and learn about the province’s best practices on transparency and accountability mechanisms in the mining sector. The visit is also aimed at having a fruitful discussion with the Provincial Multi-Stakeholders Council on Transparency and Accountability.
In July 2012, the Aquino Administration signed Executive Order 079, the mining policy of the national government which promotes, among others, the government’s intention to highlight transparency in the extractive industry.
The Natural Resource Governance Institute (NRGI) helps people to realize the benefits of their countries’ endowments of oil, gas and minerals. It is a non-profit organization that provides policy advice and advocacy with policymakers and accountability actors. NRGI also campaigns globally for improved international norms.