France demands greater transparency from extractive industries

The French parliament adopted on the 18 September 2014 the first European directive to increase transparency in the extractive industries. The UK made the directive law at the end of August, and was the first member state to do so. The first declarations from British companies should take place in 2016.

In France, producers of wood, oil, gas and minerals will now have to declare payments to the states where they operate.

• Primary Source

ESO: Background information: Oil, gas, mineral and logging firms obliged to disclose payments to governments http://www.europeansources.info/record/oil-gas-mineral-and-logging-firms-obliged-to-disclose-payments-to-governments/

ESO: Background information: The Extractive Industries Transparency Initiative: State of play http://www.europeansources.info/record/the-extractive-industries-transparency-initiative-state-of-play/

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