Canada Carbon’s Executive Chairman and CEO Appointed to the Canada India Economic Council (CIEC)
October 02 2018 - 7:00AM
Canada Carbon (the “Company”)
(CCB:TSX-V) (BRUZF:OTC) (U7N1:FF) is pleased to
announce that on September 20th, 2018 Canada Carbon’s Executive
Chairman R. Bruce Duncan was appointed to the Board of Directors of
the Canada India Economic Council (“CIEC”).
The mission of the CIEC is to be the premier
umbrella agency to promote and support the development of economic
opportunities both in Canada and India in order to strengthen
bi-lateral trade relations and economic partnerships between the
countries.
Since 2009, there have been various ongoing
discussions between Canada and India which have resulted in the
development of the Comprehensive Economic Partnership Agreement
(“CEPA”) and Foreign Investment Promotion and Protection
Agreement (“FIPA”). These agreements have been inconclusive in
their implementation. As such, it is the mandate of the
CIEC to re-engage partnerships amongst all Canadian and Indian
stakeholders (government, business, etc.) to promote
relationships, trade, business, and investment. To aid in the
actual implementation of this mandate, the CIEC has been recently
incorporated as a not-for-profit organisation. The CIEC
will be working closely with the Governments of India, Canada,
businesses and investors to promote trade, public policy, business
relations, investment opportunities and commerce between the
countries. With the support of Ambassador Dinesh Bhatia, the
Consul General of India, Toronto, CIEC is envisioned to become the
premier umbrella organisation for all business, investor and trade
organisations working within the Canada-India space.
R. Bruce Duncan, CEO and Director of Canada
Carbon Inc., remarked, "It is an honor to be nominated to this
progressive and requisite organization to promote trade between our
two great countries. Membership on the Board of CIEC will provide
Canada Carbon with the advantageous position of being able to
directly engage in discussions with Indian industry leaders in
energy development for the infrastructure challenged regions of
India."
CANADA CARBON INC. “Dr. Pieter J.
Barnard, Ph.D., MBA, B.Sc. (Hons)”
Director, on behalf of the Board.
Contact InformationE-mail
inquiries: info@canadacarbon.comP: (604) 685-6375F: (604)
909-1163www.canadacarbon.com
“Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.”
FORWARD LOOKING STATEMENTS:
This news release contains forward-looking statements, which relate
to future events or future performance and reflect management’s
current expectations and assumptions. Such forward-looking
statements reflect management’s current beliefs and are based on
assumptions made by and information currently available to the
Company. Investors are cautioned that these forward looking
statements are neither promises nor guarantees, and are subject to
risks and uncertainties that may cause future results to differ
materially from those expected. These forward-looking statements
are made as of the date hereof and, except as required under
applicable securities legislation, the Company does not assume any
obligation to update or revise them to reflect new events or
circumstances. All of the forward-looking statements made in this
press release are qualified by these cautionary statements and by
those made in our filings with SEDAR in Canada (available at
www.sedar.com).
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