Switzerland joins group of EITI supporting countries

The Swiss State Secretariat for Economic Affairs (Seco) made it known on 8 June  that Switzerland will support the EITI with a $3 million (SFr3,27 million) contribution to the EITI Multi Donor Trust Fond. In a statement, Seco said “Switzerland wishes to boost its involvement in internationally coordinated efforts to promote transparency in mining and oil and gas and support the worldwide fight against corruption". On the eve of the "Extracting Natural Resources, Transparency Wins" conference organised by the NGO Swissaid, EITI Chairman Dr Peter Eigen welcomed Switzerland as an “important new supporter of the EITI. This Conference demonstrates the country’s commitment to transparency in the extractive industries.”

The news was reported by Swissinfo.