Publish What You Pay United States coalition
Wednesday, March 10, 2010
- An appeal for transparency
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A global appeal for transparency in the oil, gas and mining industries
Publish What You Pay United States is a coalition of nongovernmental organizations calling for the transparency and disclosure of extractive industry revenue contracts, payments, and receipts by companies, governments, and international financial institutions. This information is critical to curb the cycle of corruption and poverty that plagues many nations rich in natural resources.
PWYP US urges the United States Congress to pass the Energy Security through Transparency Act in the Senate and the Extractive Industries Transparency Disclosure Act in the House of Representatives - bills that would require all oil, gas and mining companies to disclose how much they pay to foreign governments for natural resources. To read more about the legislation, click the tab on the left or visit our website dedicated to the bills, www.openthebooks.org.
Watch the video above to learn more about the natural resource curse, the need for transparency and the EITD bill.
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