Togo, 2 others, suspended temporarily from Extractive Industries Transparency Initiative

Mining
Wednesday, 08 February 2023 19:10
Togo, 2 others, suspended temporarily from Extractive Industries Transparency Initiative

(Togo First) - Togo has been temporarily suspended from the Extractive Industries Transparency Initiative (EITI). The organization's Board of Directors blames the country for failing to publish a report on its extractive activities in 2020.

Two other countries were suspended for the same reason: Kazakhstan and Mexico. The three countries failed to produce the report before the set deadline (December 31, 2022).

"Togo cannot claim an extension of the reporting deadline for the fiscal year from 1 January 2020 to 31 December 2020. The deadline for publication of the outstanding report remains 31 December 2022," said the EITI Board in its decision note issued on February 1, 2023.

The sanction will be "automatically lifted if the report is published within 6 months of the reporting deadline," the Board added.

The EITI is an international organization that promotes good practices of transparency and accountability in the governance of the extractive sector. It had already suspended Togo in 2019 for publishing its 2017 report late.

Esaïe Edoh

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