In a move to stamp out corruption in the developing world, the EU has ordered resource firms to open their books.
The European Union and Canada have taken major steps to make oil, gas and mining companies declare payments to governments, widening the drive to end poverty in resource-rich nations by ensuring their wealth is shared out.
Their actions on Wednesday, days ahead of G8 meetings where financial transparency is on the agenda, represent a high watermark in the campaign to hold governments to account for natural resource wealth, transparency advocates said.
See full Article: http://www.aljazeera.com/indepth/features/2013/06/201361392359986468.html
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