May 23, 2011
Monique Perry Danziger, +1 202 293 0740 ext. 222
OSLO, Norway – Global Financial Integrity Director Raymond Baker delivered remarks today on the importance of transparency in the extractive industries at the “Global Investors for Financial Transparency” meeting in Oslo, Norway. Mr. Baker focused on the importance of country-by-country reporting requirements for oil, gas, and mining companies. Attendees included high-level Norwegian and EU elected officials, regulators, investors, and representatives of the Oslo Stock Exchange.
The meeting was organized and financed jointly by the Norwegian Ministry of Foreign Affairs, the Revenue Watch Institute, and Publish What You Pay Norway. Norway is the world’s 5th largest exporter of oil and gas and owns one percent of the world’s stocks.
Speakers at the event included:
- Jose Correia Nunes, Head of Unit Economic Governance and Budget Support in the EU Commission
- Roger Schjerva, Norwegian State Secretary in the Ministry of Finance
- Ingrid Fiskaa, Norwegian State Secretary in the Ministry of Foreign Affairs
- Ben Cardin, United States Senator
- Raymond Baker, Director, Global Financial Integrity
- Karin Lissakers, Director, Revenue Watch Institute
- Bennet Freeman, Senior Vice President for Sustainable Research Calvert Investments
- Giuseppe van der Helm, President, Eurosif
- Jeanett Bergan, Director, Responsible Investments KLP
Mr. Baker will travel to Germany and Spain this week to meet with members of the Task Force on Financial Integrity and Economic Development’s Partnership Panel following today’s meeting.
Note to regional editors: To request an interview with Mr. Baker this week, contact Monique Danziger at +1 202 293 0740 or firstname.lastname@example.org.
Global Financial Integrity (GFI) is a Washington, DC-based research and advocacy organization which promotes transparency in the international financial system.
For additional information please visit www.gfip.org.