BAGHDAD - Iraq is trying to enter a rarefied club of countries that forswear the secrecy of oil revenues and require oil companies to do the same – a step that would strike a blow against corruption and mark a victory for the global transparency movement.
As one of 21 "candidate countries," Iraq is seeking certification from the Extractive Industries Transparency Initiative (EITI), a 10-year-old Oslo-based organization that aims to increase accountability in the oil, gas, and mining sectors by creating international standards of accounting and disclosure for governments and companies.
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