Extractive Industry Transparency Now United States Law
Posted by Admin in Featured on 26th July, 2010 | No Comments
On July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act passed last week by the U.S. Senate that includes a landmark provision requiring disclosure of payments from oil and mining companies to governments around the world. For the first time, communities who live in resource-rich countries will know how much their governments receive annually, and on a project-by-project basis for the extraction of natural resources.
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