Friday 10th April 2015
Following the setting up of Petroleum Multi Stakeholder Group, to serve the Extractive Industries Transparency Initiative (EITI) process, the group is currently in the process of executing/preparing their first report.
The platform for Civil Society (CEPS) forms part of the group and is represented by CEPS Vice chairperson Mr Jude Fred, Environment and Natural Resources Commissioner Dr Marie-Therese Purvis and Socio-Economic Commissioner Mrs Germaine Michaud.
Hilda Harnack and Elhem Salomon visited the country and held a session with civil society, to discuss our involvement in the EITI. The meeting was also an to inform us about the next steps necessary for Seychelles to achieve EITI compliance status.
The meeting was held on Thursday 9th of April and aimed at mobilising civil society to be better engaged and to work closer with the the World Bank in the hope of taking on the watchdog role in ensuring that there is transparency in oil exploration and extraction.
Seychelles submitted an EITI candidature application on 12 June 2014. and was accepted as an EITI Candidate country on 6 August 2014.
In accordance with the EITI Standard, Seychelles is required to publish its first EITI Report within 18 months of becoming a Candidate . The deadline is 6th of February 2016.