Vietnam (Hanoi)

 

Timor-Leste Share Experience with the Government Vietnam in Regards to the EITI Implementation

  

The Government of Timor-Leste through Ministry of Petroleum and Mineral Resources His Excellency Alfredo Pires received an invitation from the Government of Vietnam through Ministry of Natural Resources and Environment to participate in high level workshop "Governance on Extractive Industries" in Hanoi on 8 October 2013.

His Excellency Alfredo Pires will be one of speakers and make presentation on behalf of the Government of Timor-Leste and EITI International Board Member in regard to the EITI implementation in Timor-Leste since admitted as candidate till designated as compliant country. And the way Timor-Leste move forward to move beyond EITI by creating "Timor-Leste Transparency Model".

Timor-Leste has a strong commitment to share its experience with the other country intending to implement EITI. Timor-Leste has actual experience in managing and regulating the natural resources with transparency and accountability.

Vietnam is endowed with a variety of natural resources such as Oil, Gas and Mineral. Therefore, the government of Vietnam strived to ensure that this revenue from resources should be managed prudently and for the benefit of its people

Objective of the workshop is

1. To review the current status of the Extractive Industry in Vietnam,

2. To share international best-practice and experience with regards to regulatory and legal frameworks.

3. To formulate recommendations on policy changes that elicits better governance of the Extractive  Industry and feasibility to implement EITI in Vietnam.

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