Australian Ambassador to the Philippines, Bill Tweddell, today congratulated the Philippines on achieving candidacy status with the Extractive Industries Transparency Initiative (EITI) which works to increase transparency of payments made in the oil, gas and mining industries.
“I congratulate the Philippines for their hard work in applying to join the EITI. This shows a welcome commitment by the Philippines to improve transparency in its mining sector,” Ambassador Tweddell said.
“By achieving EITI candidacy the Philippines can build confidence amongst communities and businesses in the extractive industries. This is a positive step towards developing the mining sector in the Philippines in an open and transparent way.”
“I’m proud that Australia was able to support the Philippines in its application to join EITI.”
Australia supported the Philippine Government’s candidature for the EITI as part of efforts to improve transparency and governance within the Philippines mining sector. The Philippines EITI Multi-Stakeholder Group, which the Australian Agency for International Development (AusAID) helped to establish, has been tasked to oversee the implementation of the global EITI transparency standards in the Philippines.
Australia contributed over Php1 million (A$25,000) to the Filipino non-government organisation Bantay Kita to facilitate community and civil society in consultations on the Philippines’ candidacy for the EITI.
Australia also supported the participation of a high level delegation from the Philippines in the recent Mining for Development and EITI conferences.
As an EITI candidate country, the Philippines must now disclose all payments made in its mining sector and meet a series of strict requirements in the EITI standard in order to become fully EITI compliant.
Source: http://www.philippines.embassy.gov.au/mnla/medrel130524.html
This website is a public resource of general information which is intended, but not promised or guaranteed, to be complete, accurate, and up-to-date. This website is not intended to provide legal advice, and therefore, does not invite or create an attorney-client relationship. Visitors to this website should not act, or refrain from acting, based upon any information available via this website, and should always seek the advice of competent counsel in the relevant jurisdiction. Nothing in this website is to be considered as either creating an attorney-client relationship between the reader and Mendoza Australian Immigration Solutions or as rendering legal advice for any specific matter. Readers are responsible for obtaining such advice from their own legal counsel. Mendoza Australian Immigration Solutions expressly disclaims any and all liability with regard to actions taken or not taken based upon the content of this website.
This website is not sponsored or associated with any particular linked entity unless so stated. The existence of any particular link is intended solely to provide viewers with information which may be of interest to them. Mendoza Australian Immigration Solutions takes no responsibility for the content or accuracy of information contained on a linked site.
Please contact us at This email address is being protected from spambots. You need JavaScript enabled to view it. with any questions.
Level 13, Queen St.,Melbourne, Victoria, Australia
Monday to Friday: 8am - 5pm
+613-8648-6525
927-530-7852
This email address is being protected from spambots. You need JavaScript enabled to view it.
With offices based in Philippines.
Mindanao branch: 2nd Floor, St. Gregory's Building, 6th cor. 17th Sts. Nazareth, Cagayan De Oro City, 9000 Philippines
Monday to Friday: 8am - 5pm
+63 88 323 4252
+63 927 530 7852
This email address is being protected from spambots. You need JavaScript enabled to view it.
Luzon branch: Level 10-1 Fort Legend Tower, 31 Sts. & 3rd Avenue, Bonifacio Global City, Taguig City, 1634 Philippines
Monday to Friday: 8:30am - 7pm
Saturday 10am - 3pm
+63 02 224 4334
+63 927 530 7852