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U.S. Credibility Suffers in Exit from Extractives Transparency Pact

NRGI’s Daniel Kaufmann writes that the U.S. withdrawal from the Extractive Industries Transparency Initiative is the latest in a series of actions in Washington that have damaged the country’s credibility as a proponent of both honest dealings globally and equity for the poor living in countries where resources are extracted by western companies in this Financial Times op-ed [free, registration required].

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