UN General Assembly
2007

the non-oil sector. These are very important steps towards achieving our goal of a diversified economy. We believe that the sustainability of growth and development in Azerbaijan not only is ensured by the availability of natural resources but also attests to the commitment and capacity of the Government to protect the rights of investors and to implement its commitments under various contracts in the multibillion range. Transparency and efficiency in oil revenue management constitutes an important part of the Government’s efforts to improve public service and accountability. Thus, it gives me great pleasure to inform delegates that the State Oil Fund of Azerbaijan, which leads the implementation of the Extractive Industries Transparency Initiative (EITI) in Azerbaijan, won the prestigious 2007 United Nations Public Service Award in the category of improving transparency, accountability and responsiveness in the public service. We believe that this success shows the efficiency of our Initiative, and we invite United Nations Member States to discuss the achievements made under the EITI. We plan to introduce a draft resolution on this subject during the current session.