Window on the World: Transparency rules for developing countries rich in natural resources need global application

Source: The Guardian (by Murray Armstrong)
Date: 8 Jun 2022

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…

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