U.S. Businesses Complain Saudi Arabia Is Slow to Pay

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General Dynamics thrusts into public a long-held U.S. corporate criticism of Saudi Arabia, the biggest American arms buyer: It's slow to pay

Source: News Formal (newsformal.com)

 

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Well, they could buy from Russia and so they have leverage. It’s insanity and no way around it unless somebody decides to end militarism.

Just to be clear government contract are always late in payment but usually within the expected 90 days of due. However, this whole article is made to complain on behalf of the Canadians who may cancel the contract, Saudi would receive compensation including the late 1.8 billion

Then stop doing business with them! Seems simple enough...

Slow to pay, quick to kill you.

Canada’s feminist govt is responsible. Unfortunately they don’t have the courage to cancel the deal and pay the $1bn penalty clause, so we can go somewhere else and buy the same stuff. 😁

Does anyone have any idea what the significance of that picnic table fabric they wear is?

This was a big problem for my international construction company in Saudi Arabia 40 years ago. A colleague in sales told me we upped our price to them up to 10% to account for it.

Really? Is anyone surprised by this? Where was bin Laden from, again?

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