Accountable and Transparent Management Challenges and Tasks in Mining

Accountable and Transparent Management Challenges and Tasks in Mining

Lilt Araqelyan, http://www.media-center.am/hy/1490866756

On 28 March a discussion was held at Media Center on “Accountable and Transparent Management Challenges and Tasks in Mining”. The speakers were Khachik Hakobyan, Deputy Nature Protection Minister, Armen Stepanyan – Chief Manager for Sustainable Development at “Lydian Armenia” and Arthur Grigoryan – President of “EcoRight” NGO.

In 2017 the EITI Council approved the candidacy of Armenia – the EITI is an international standard promoting open and accountable management of natural resources, the presence of which in Armenia will help to regulate mining significantly.

In reply to the question how Armenia will benefit from the membership to the EITI, Deputy Nature Protection Minister Khachik Hakobyan said, “At the highest level the state confirms it’s willing to cooperate with society and civil society in mining, so as to have maximum transparent and available financial reports for all.”

Arthur Grigoryan, President of “EcoRight” NGO, positively assessed the introduction of this format aimed at the regulation of mining sector and noted, “The main value of this initiative is not only to increase sector transparency, but also the civil society obtains a right to take part in the sector management. The multi-interest group, which also includes the representatives of the civil society, reaches decisions based on the consensus and this decision refers to the management of the sector, starting from legal fields to institutional problems.”

Armen Stepanyan – Chief Manager for Sustainable Development at “Lydian Armenia”, replying to the question what motivated mining companies to join this initiative said, “Such initiatives not only increase the transparency in the sector, but also set equal game rules for all. And it’s business that benefits from transparent and equal game rules.” Arthur Grigoryan draws parallels with the Swedish example of mining, which should be a role model for Armenia. Sweden is using the developed soil completely for final product, but we sell concentrates. We don’t have cable production, but why we don’t have it? It’s an institutional problem,” Arthur Grigoryan noted.

17:41 April 03, 2017


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