17.10.12

Transparency on Mining to earn full EITI membership

YAOUNDE, Cameroon - (Dow Jones) - In its bid to gain full membership to the Extractive Industries Transparency Initiative, the Cameroon government has pledged to comply with the body's obligations, essentially more transparency in its mining and oil sectors, the country's minister of Finance, Essimi Menye told Dow Jones Newswires Wednesday. 
 
Since its affiliation to the Oslo-based mining watchdog in 2005, Cameroon has been confined to the status of observer, despite its hunt for full membership.
An EITI delegation visited Cameroon to encourage it to meet transparency requirements that can enable it be considered for full membership by the body's next meeting in June.


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