Eurasia

Recent Articles

Negotiating complex mining deals can be challenging for resource-dependent countries under any circumstances. But commodity price volatility adds an additional challenge to the mix, as Mongolia’s recently concluded renegotiation with Rio Tinto on the Oyu Tolgoi project illustrates.

Minerals account for almost half of Mongolia’s gross domestic product, making extractive sector oversight an important function of the country’s government. In recent years, NRGI has worked with Mongolia’s leaders to improve transparency and better harness national revenues...

In the past six months, 24 countries have released new Extractive Industries Transparency Initiative reports disclosing over $200 billion in payments from more than 2,000 companies. These are the first reports prepared under the broader EITI Standard that was introduced in 2013...

In 2013, the Extractive Industries Transparency Initiative (EITI) adopted a new standard that would, among other things, help civil society organizations communicate and collaborate with government on extractive sector issues, especially in regions with weak dialogue among stakeholders. One of those regions is Eurasia, which has a number of EITI implementing countries.

This week, NRGI is hosting extractives experts from six countries to at the International Open Data Conference (IODC) in Ottawa, Canada.

At a recent Istanbul workshop on extractive sector transparency in Eurasia, Rysbek Toktogul—tax and financial compliance manager at Kyrgyzstan’s largest mining project—stood out as the only private sector executive in the room.