Saturday , December 5 2020

General Dynamics says canceling Saudi arms deal will be worth billions of dollars in Canada



Ottawa – Ontario-based company that sells $ 15 billion on the amount of armored vehicles in Saudi Arabia warned the Liberal government that cancellation will cost billions of dollars in fines.

General Dynamics Land Systems-Canada said in a statement Monday that the cancellation of the contract and damages its workforce.

The statement comes as the federal government considers the disputed contract.

Canada considers all arms sales to Saudi Arabia and will not issue new export permits until it is completed.

October murder of journalist Jamal Khashoggi, after he entered the Saudi consulate in Turkey sparked international condemnation against Riyadh.

Murder Khashoggi has also restored public outrage in Canada over the controversial $ 15 billion deal to sell Ottawa's light armored vehicles in the kingdom.

"We continue to execute our acting and binding contract," said General Dynamics in a statement.

"If Canada unilaterally terminate the agreement, Canada will bear responsibility in billions General Dynamics Land Systems-Canada.

"In addition, the termination of the contract will have a material adverse effect on our highly qualified employees, our supply chain throughout Canada and the Canadian defense sector as a whole."

Foreign Minister Chrystia Freeland said the explanation for the death of Saudi Arabia with Khashoggi & # 39 are not worthy of trust, and there should be an independent investigation.

"In the past, Canada has suspended the existing export permit, and it's always been that we are ready to do again as the situation merits," said Freeland in an interview with & # 39; nd Monday.

Prem & # 39; -Minister Justin Trudeau said that the penalty for cancellation of the contract would be "in the billions of dollars."


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