The Extractive Industries Transparency Initiative (EITI) an international watchdog on the oil, gas and mining industry recently has called on Myanmar to improve public disclosure on gemstone production and state-owned enterprises, the News Straits Times reported.

It also asked the government to clarify the status of military-affiliated extractive companies and their activities in the country.

The EITI board announced that Myanmar has achieved meaningful progress towards implementing impactful standards.

However, the statement emphasised the need for Myanmar to further improve public disclosure around license allocation, gemstone production data and state-owned enterprises.