Contract disclosure in oil, gas and mining is rapidly becoming standard practice around the world, but in Myanmar, there has been little progress on contract transparency. The government now has an important opportunity to overhaul disclosure requirements and ensure Myanmar keeps pace with a growing global trend.
The Natural Resource Governance Institute (NRGI) operates with the belief that an informed, strong civil society is essential to effecting transformative and sustainable change in natural resource governance. The organization’s theory of change articulates the need to enable civil society to “produce or drive reform ideas, participate in meaningful dialogue and hold their governments accountable.”
Ongoing reforms present an unprecedented opportunity to improve management of Myanmar’s multi-billion-dollar jade and gemstone industry, and reorganization of the sector may proceed most effectively if it is informed by the experience of other gemstone-producing countries.
Four years after the Extractive Industries Transparency Initiative (EITI) began encouraging contract disclosure through its standard, this report assesses the extent to which governments of resource-rich countries have taken up the recommendation.
This country strategy note summarizes an NRGI analysis of country context and reform priorities. It also outlines NRGI’s engagement in Myanmar, complementing the work of other actors. Developments will naturally affect the assessments and objectives described herein.