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A decision on the question of whether the agreement can move forward is expected of the Canadian Government.

Phosagro said that he would like to unite with other Russian producers and buy a stake in PotashCorp to sabotage a plan from the BHP takeover.

Vladimir Litvinenko, President of Phosagro said he asked to Vladimir Putin, his close ally Russian Prime Minister to approve a move, arguing that the interests of the Russia would be game if BHP won his prolonged struggle.

"The potash market is be consolidated and so far we have been watching only", said Mr Litvinenko."If the potash from the BHP controls market, the consequences for our producers can be serious... we lose part of the market."

Mr Litvinenko said he was not talking about a full takeover."It may be a merger or a purchase of game" says .but analysts were skeptical about any potential Russian agreement.

Canadian media also reported that a representative of the indigenous peoples in Saskatchewan Group had raised $ will be used in its attempt to compete with the bid by BHP.

Ken Thomas, Chief Executive of indigenous potash (MSO) group said that foreign investors and Canadian pension funds had committed the fonds.Si Federal Government grants approval for the bid, GPI has stated that he had a lawyer based in Toronto waiting to file an application for an injunction which would oblige the Government to "consult and accommodate" Aboriginal groups developments impact on their treaty rights.

Tony Clement, Minister of industry the Canada should announce if Ottawa will allow the agreement go ahead under peu.En pursuant to the Investment, legislation which lays down the rules for foreign acquisition agreement must demonstrate "net benefit" to the Canada whether it should be approved.

Premier of Saskatchewan, Brad Wall has urged the Government to block the agreement.

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Wednesday, Minister of industry from Canada Tony Clement took the surprise decision to intervene in the takeover, the second time in recent history Canada blocked a support agreement.

The move will be a major blow to | miner BHP Billiton.Le last month, the company abandoned plans for iron ore $116bn joint venture with Rio Tinto.

The decision also leaves potash in a difficult position.Reports Wednesday suggested that the decision could mean that only a national Canadian buyer could seriously consider purchasing group, mineral fertilizer although this was denied by the Government of the Canada.

Russian company fertilizer Phosagro said Wednesday that it would consider buying a stake in Canadian society in Ottawa should allow procéder.Toutefois agreement the Phosagro and other potential buyers for Potash such State-owned Chinese companies could be considered as still more intrusive than BHP Billiton.

Bidcame opposed BHP after a certain number of redemptions controversial Canadian companies leads to loss of jobs in large scale, such as the acquisition of Vale Inco nickel minor.

The Investment Act lays down the rules for foreign acquisition agreement must demonstrate "net benefit" to the Canada whether it should be approved.

Mr. Clement said the agreement established by BHP Billiton did not test.Cependant, he said that the decision does not mean that the country has been closed investments étrangers.Il also said he gave BHP Billiton 30 days to respond to the decision.

Opposition to the agreement was conducted by the Saskatchewan region and its premier wall's Brad.Après that the decision was announced, he said BHP will be able to address issues on the income and employment, he thought that it was unlikely that it could address the issue of potash as a strategic asset.

PotashCorp shares fell after hours trading.

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Under investment Canada Act, the Government of the Canada may block any transaction valued at C$ 299 m (￡ 183 m) or more if it discovers that the transaction does not "net benefits" in the country based on factors such as economic activity, employment and productivity.

Since 1985, the year was enacted Act - Canada rejected the only recovery company a foreign bidder and approved 1 637.

Over the weekend, there is the Government of the Canada allow BHP Billiton to press ahead with its tender, after the journal report argued that the Government of the Canada has indicated to the mining of | giant approves the nomination of PotashCorp, one of the largest producers in the world of an ingredient used key suggestions fertilizer.

However, said John Manley, the head of the Canadian Council of Chief Executives and former Minister of industry from 1993 to 2000, he was just a chance to offer BHP Billiton will seek the approval of the Canada 30pc.

This is because the pressure mounted on minority Canada Conservative Government led by Prime Minister Stephen Harper to repel the provides BHP Billiton in advance of the pre-election period of campaign in the country.

Prime Minister of the province of Saskatchewan, Brad Wall caused vehement protest bid BHP Billiton for PotashCorp, saying: it is a strategic asset of the Canada and no promise of cash or other advantages convince the province to safeguard the hostile offer.

Reports Monday said most conservative 13 members of the Parliament of the province of Saskatchewan risked losing their seats if the Government of the Canada given offer BHP Billiton green light.

Three other Canadian provinces, including Alberta, Quebec and Manitoba, have also joined Saskatchewan to protest against the bid, while the liberal opposition already urged the Government to reject the relocation of BHP Billiton.

In the meantime, there are also suggestions that BHP Billiton will trigger its offer of C$ 130-a-share for PotashCorp by 10pc for more offers tendering shareholders .c ' is unlikely to occur before BHP Billiton has received the approval of the relevant regulatory authorities.

November 4, a u.s. Court will hear case of PotashCorp injunction blocking bid BHP and 8 November a court in Saskatchewan will also hear a case of "poison pill" plan of rights of the shareholders of potash or reject.

Monday, BHP Billiton share 21? rose to ￡ 22.35.

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