Impacted by the operations of the so called Extractive Industries (EI), rich natural and mineral resources of ASEAN countries are actually not really blessed with their own resources. Ironically, some of those countries, such as Indonesia, Laos, and Philippines, are now even challenged by several crucial problems, be it poverty, law development index, various conflict, high number of corruption, and environment degradation.
Over the years, several large EI have been operated and certainly will continue their operations in Indonesia, Philippines, Cambodia, Vietnam, and East Timor, in which most of those industries, as like Petronas, Chevron and Pertamina, are actually foreign industries where often impact the low number of indigenous countries’ GDP in EI sector.
Meanwhile, in European countries, the EI are present across the Community and are relatively spread over its territory. It is reported that the subsector where production is more concentrated concerns metallic minerals, where Finland, Greece, Ireland, Portugal, Spain and Sweden together account for some 75% of total EU production. The EU remains highly dependent on imports for its raw materials supply. And it is the world's largest consumer of minerals.
As happened in ASEAN, the extractive operations in EU also certainly raise the environmental impact which is specifically classified into two types of concern: that the use of non-renewable sources may mean that these resources will not be available for future generations, and that extractive operations harm the environment (air, soil and water pollution, noise, destruction or disturbance of natural habitats, visual impact on the surrounding landscape, effects on groundwater levels).
Regarding on the impact of EI’s operations, especially toward ASEAN and EU countries, I also think that the EI, which commonly perceived as the single largest source of green house gas emissions, however need to be urgently well-governed. Considering that good governance will make the exploitation of these resources can generate large revenues to foster growth and reduce poverty.
In term of governance, many believe on the global standard for transparency in oil, gas and mining set by Extractive Industries Transparency Initiative (EITI) which aims to strengthen governance by improving transparency and accountability in the extractives sector. Considering that EITI strongly supports improved governance in resource-rich countries through the verification and full publication of company payments and government revenues from oil, gas and mining.
In South East Asia, several CSOs from some countries in the Region have been frequently urged their each government to consider the adoption of EITI, as what happened on last February, in which several International CSOs from East Timor, Cambodia, Philippines, Indonesia and Vietnam, meet together in Jakarta, with a direct guide from American Oxfam and Revenue Watch Institute (RWI), discussing the EITI as a preparation for facing the EITI Asian Conference on last March in Jakarta.
While in Europe, along with Africa, Europe has been reaffirming its commitment on EITI through the Action Plan 2008-2010 decided from the meeting of European and African Leaders in Lisbon in 8-9 December 2007.
To this extent, it is assessed the importance of exploring all possible strategic means to assure that the natural resources in both South East Asia and Europe are well governance, and that the natural resources are also transparently used to generate large revenues fostering the growth and reducing the poverty.

