| Description: | "Peru was invited to be part of the EITI in 2004, because of the importance of the extractive industries of mining and hydrocarbons in its GDP and exports, and after having participated in global discussion called EIR. Así, el 15 de septiembre del 2004, el Ministro de Energía y Minas del Perú, solicitó al Banco Mundial y al Ministerio de Desarrollo Internacional Exterior del Reino Unido - DFID, líderes y auspiciadores de la EITI, apoyo y asistencia para la participación efectiva del Perú. Thus, the September 15, 2004, the Minister of Energy and Mines of Peru requested the World Bank and the Ministry of Foreign International Development United Kingdom - DFID, leaders and supporters of the EITI, support and assistance for effective participation of Peru. The implementation of the EITI in Peru is a nation-wide commitment made by the Peruvian government, civil society organizations and mining companies, oil and gas, which aims to promote: increased transparency of public information and the gradual institutionalization of the practice of accountability, mejor gestión y mayor responsabilidad en el manejo de los recursos públicos, better management and greater accountability in managing public resources, greater involvement of civil society in monitoring and making decisions about the use of public resources, greater political stability, social and economic
improved climate for private and public investment, lower risk of corruption and a greater chance of ensuring that revenues from mineral, oil and gas will help poverty reduction and sustainable development.
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