Ethiopia's application for 'candidature' approved

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Ethiopia's application for 'candidature' approved

posted on Mar 19, 2014 03:00PM

Ethiopia continues to move ahead...

The international EITI Board accepted Ethiopia's application for EITI candidature when it met in Oslo 19 March. Candidature is not a recognition of a country's levels of transparency or accountability. As a Candidate, the country has three years to achieve compliance with the EITI Standard.

Clare Short said:

“I am pleased that the Board has decided to accept Ethiopia as an EITI Candidate country. Some opposed this decision, but it should be remembered that becoming a candidate does not mean that any country has met the EITI Standard. In the case of Ethopia, the decision shows that the Board was convinced by the government’s commitment to the EITI’s principles. Membership of the EITI will mean that all stakeholders, including civil society, will have a better platform to hold the government and the companies to account and ensure the better management of the burgeoning sector.”