The report required by paragraph (1) shall include a detailed description of United States participation in the EITI, bilateral and multilateral diplomatic efforts to further participation in the EITI, and other United States initiatives to strengthen energy security, deter energy kleptocracy, and promote transparency in the extractive industries.
42 U.S. Code § 17374. Transparency in extractive industries resource payments
(a) PurposeThe purpose of this section is to—
enhance the development of democracy and increase political and economic stability in such resource rich foreign countries.
(b) Statement of policyIt is the policy of the United States—
to increase energy security by promoting anti-corruption initiatives in oil and natural gas rich countries; and
to promote global energy security through promotion of programs such as the Extractive Industries Transparency Initiative (EITI) that seek to instill transparency and accountability into extractive industries resource payments.
(c) Sense of CongressIt is the sense of Congress that the United States should further global energy security and promote democratic development in resource-rich foreign countries by—
promoting the efficacy of the EITI program by ensuring a robust and candid review mechanism.
(1) Report required
(2) Matters to be included
(e) Authorization of appropriations