Remarks on the occasion of the Timor-Leste Network for Transparency and Economic Justice (NeTEJ) Workshop on “Transparency and Economic Justice” in Dili, Timor Leste
“Transparent and accountable management of oil revenues, which will comprise a majority of Timor’s income in the near future, is essential to ensure that such money is used more effectively to promote national development. It will greatly increase the hope that Timor Leste will escape the ‘resource curse’ of weak growth, corruption, authoritarian government and instability that has afflicted so many oil-rich developing countries…”
Global Witness submission on Timor-Leste Government’s draft petroleum legislation
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Opening remarks by H.E. Kay Rala Xanana Gusmão President of the Democratic Republic of Timor-Leste At the Workshop on Transparency and Economic Justice
On July 1 the youngest country in the world, Timor-Leste (what we used to call East Timor) will score a significant first goal in the fight against corruption. That Friday will see its petroleum laws, being finalised this month, come into effect. They will control exploration, development and exploitation of resources and, crucially, the distribution of revenues. That requires transparency. Put simply, everything that is paid is published…
Today, the 4th of August 2004 by 10am at HABURAS FOUNDATION “The Timor Leste Network for Transparency and Economic Justice” (NeTEJ) have being declared, its internal policies have being adopted for the purpose of transparency, accountability and combating corruption.
London/Berlin – A majority of leading oil and gas companies are far from transparent when it comes to the payments they make to resource-rich countries, leaving the door open to corruption and hampering efforts to fight poverty, according to a report published today by Transparency International (TI).
Governments and companies signed up to the Extractive Industries Transparency Initiative (EITI) must now deliver concrete results towards making revenues and payments from oil, gas and mining transparent and accountable, said the global civil society coalition Publish What You Pay (PWYP). Seven resource-rich countries were approved as EITI candidates by the EITI Board in Accra, Ghana on Friday 22 February, bringing the total number of EITI candidate countries to 22.