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Spring Meetings 2008: World Bank Group and Partners Launch EITI++

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WASHINGTON, DC [HIGH-RES]
WASHINGTON, April 12, 2008 - World Bank Group President Robert B. Zoellick today announced a new initiative to help developing countries manage and transform their natural resource wealth into long-term economic growth that spreads the benefits more fairly among their people.

"Revenue windfalls from high commodity prices must translate into tangible improvements in the lives of poor people living on the fringes of the global economy...The EITI++ will help client countries to build capacities to draw sustainable benefits from their natural resources." -- Robert Zoellick, World Bank Group President

© Simone D. McCourtie/World Bank

WASHINGTON, DC [HIGH-RES]
April 12, 2008 - "The current phase of strong demand for commodities both hard and soft provides African economies a unique opportunity. But it also puts a high premium on avoiding errors of the past. I applaud progress made to date regarding transparency. EITI++ is an opportunity to take a comprehensive approach to managing our natural resources for current and future generations." -- Mr. Donald Kaberuka, President, African Development Bank.

Photo: © Simone D. McCourtie / World Bank

WASHINGTON, DC [HIGH-RES]
April 12, 2008 - Extractive Industries Transparency Initiative Plus Plus press briefing.

Photo: © Aude Florence Guerrucci / World Bank

WASHINGTON, DC [HIGH-RES]
April 12, 2008 - (l. to r.) H.E. Mohamed El Moktar Ould Mohamed El Hacen, Minister of Petroleum and Mines, Mauritania; Erastus Mwencha, Deputry Chair, African Union Commission; Huguette Labell, Transparency International; Gavin Hayman, Global Witness; Peter Eigen, Extractive Industries Transparency Initiative

Photo: © Aude Florence Guerrucci / World Bank

WASHINGTON, DC [HIGH-RES]
April 12, 2008 - (l. to r.) Eric Chinje, World Bank; H.E. Ousmane Dore, Minister of Economy, Finance and Planning, Guinea; Robert B. Zoellick, President, World Bank Group; Donald Kaberuka, President African Development Bank.

Photo: © Aude Florence Guerrucci / World Bank

WASHINGTON, DC [HIGH-RES]
April 12, 2008 - Obiageli Ezekwesili, Vice President, Africa Region (2nd from r.) and Katherine Sierra, Vice President for Sustainable Development(r.) listen to remarks from the panel.

Photo: © Simone D. McCourtie / World Bank

WASHINGTON, DC [HIGH-RES]
April 12, 2008 "Africa urgently needs to enhance its capacity to manage and to negotiate agreements on exploitation and utilization of its mineral and other natural resources and that is why we welcome the EITI++." -- Mr. Erastus Mwencha, Deputy Chair, African Union Commission

Photo: © Simone D. McCourtie / World Bank

WASHINGTON, DC [HIGH-RES]
April 12, 2008 - Huguette Labell, Transparency International.

Photo: © Simone D. McCourtie / World Bank

WASHINGTON, DC [HIGH-RES]
April 12, 2008 - H.E. Osumane Dore, Minisiter of Economy, Finance and Planning, Guinea.

Photo: © Simone D. McCourtie / World Bank

WASHINGTON, DC [HIGH-RES]
April 12, 2008 - World Bank President Robert Zoellick listens to remarks from H.E. Ousman Dore, Minister of Economy, Finance and Planning, Guinea

Photo: © Simone D. McCourtie / World Bank

WASHINGTON, DC [HIGH-RES]
April 12, 2008 - An audience member take a photo of Mr. Donald Kaberuka, President African Development Bank.

Photo: © Simone D. McCourtie / World Bank




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