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US leaves anti-corruption group?

July 6, 2017

Adam Davidson wrote this article back in April for The New Yorker.

The article details how the Trump administration has rolled back it’s involvement in the global Extractive Industries Transparency Initiative (E.I.T.I) -. The masthead on it’s website proclaims the core purpose for EITI – The global standard for the good governance of oil, gas and mineral resources

EITI was set up to assist efforts to deal with the massive corruption that tends to afflict many resource rich countries.

Davidson’s article sets out how Trump and his minions have moved very quietly to reduce the effectiveness of the USA’s efforts re EITI. It remains to be seen how the changes will ultimately work out. Yet it does seem that the Trump regime seems here as in other areas to be reducing and/or eliminating transparency. Furthermore, Adam wonders how this sits alongside the tenets of The 1977 Foreign Corrupt Practices Act introduced following amongst other instances the Lockheed scandal (The Lockheed bribery scandals encompassed a series of bribes and contributions made by officials of U.S. aerospace company Lockheed from the late 1950s to the 1970s in the process of negotiating the sale of aircraft.)

For a country that likes to lecture others on morality and good practice this is not a good look. However, given the nature of other actions taken by this administration and the many conflicts of interest apparent within it, perhaps this change should not surprise.

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