RIYADH: Saudi Arabia said on Wednesday there was no room for mediation in the kingdom’s deepening diplomatic dispute with Canada, and that Ottawa knew what it needed to do to “fix its big mistake”.

“There is nothing to mediate. A mistake has been made and a mistake should be corrected,” Foreign Minister Adel al-Jubeir told a news conference in Riyadh.

In an indication that the quarrel may worsen, Mr Jubeir said that the kingdom was still “considering additional measures” against Canada, but did not elaborate.

Saudi Arabia on Sunday froze new trade with Canada and expelled the Canadian ambassador in retaliation for Ottawa’s call to free arrested Saudi civil society activists.

It also ended state-backed educational and medical programmes in Canada, making plans to relocate tens of thousands of Saudi students and patients to other countries.

Responding to a question about the reason for the activists’ arrests, Mr Jubeir said that charges against them would be made public once their cases reached the courts, repeating earlier allegations that they had been in touch with foreign entities.

“The matter is not about human rights; it is a matter of national security,” he said.

Canadian investments in Saudi Arabia were still ongoing and would not be affected by the dispute, he said.

Reports say Canada plans to seek help from the United Arab Emirates and Britain to defuse the row.

The Financial Times reported the Saudi central bank and state pension funds had instructed their overseas asset managers to dispose of their Canadian equities, bonds and cash holdings “no matter the cost”, citing unidentified sources.

A Canadian departmental spokesperson said Global Affairs Canada continues to seek clarity from the Saudi Arabian government on various issues.

A source at a Saudi bank said it was contacted by the central bank on Wednesday afternoon asking for information about all their Canadian exposure investments in Canada and foreign exchange positions.

Published in Dawn, August 9th, 2018

Opinion

Editorial

Kurram atrocity
22 Nov, 2024

Kurram atrocity

WITH the situation in KP’s Kurram tribal district already volatile for the past several months, the murderous...
Persistent grip
22 Nov, 2024

Persistent grip

PAKISTAN has now registered 50 polio cases this year. We all saw it coming and yet there was nothing we could do to...
Green transport
22 Nov, 2024

Green transport

THE government has taken a commendable step by announcing a New Energy Vehicle policy aiming to ensure that by 2030,...
Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...