VOL. XLVI

No 34

25-August-2003

JORDAN/CANADA

TRADE AND COMMERCE

Canadas PCS Acquires 26% Stake In Arab Potash Company

The Jordanian Government on 11 August signed an agreement with Canadas Potash Corporation of Saskatchewan (PCS) under which the latter will acquire a 26% stake in the Arab Potash Company (APC). Up to now, the Jordanian Government (through the Jordan Investment Corporation) has owned 52% of APCs stock, with the remaining shareholders being the Arab Mining Company (21%), along with...