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Plus implied conditional approval to open markets in China CNOOC acquisition Nix

Reported that Paradis hinted whether China will further open up the market will likely become a key issue of concern in the Government of Canada to review the transaction process. Paradies did not discuss the details of the transaction in detail, but said that the China National Offshore Oil Corporation transactions have yet to submit a formal application for review.
 
Reported that, The Paradies no positive indication will market reciprocity as an explicit condition of the approval of the transaction. But the content of the speech of his position with the Prime Minister of Canada had exactly the same. Canadian Prime Minister had hinted that the market mutual considerations will become part of the approval process.

Asked the Canadian government is worried that China's restrictions on foreign investment in the process of consideration of the China National Offshore Oil acquisition of Nixon corporate transactions, Paradies, the Government of Canada would like to see the Canadian company's growth, not only in Canada, but in Canada the opportunity around the world. He also said that the Canadian government's duty is to ensure that Canadian companies can get these opportunities.



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