BREAKING NEWS

US's Geithner warns Syria world will take action

By REUTERS

JUNE 6, 2012 17:29

WASHINGTON - The US Treasury on Wednesday warned Syria that more than 55 countries would seek to impose "maximum financial pressure" on Syrian President Bashar Assad's government in an effort to stop his regime's violence against Syrian people.

Addressing officials from Turkey, Japan and other countries, Treasury Secretary Timothy Geithner said he hoped that nations would soon join in taking appropriate actions against Assad's government including, if necessary, "Chapter 7" of the United Nations charter - a measure that could authorize the use of force.

Assad has so far defied a peace plan and ceasefire proposed by international envoy Kofi Annan and has continued to wage war against Syria's civilians.

"Absent meaningful compliance by the regime with the Annan plan, that is the direction in which we are soon headed," Geithner said at the Friends of Syria working group on sanctions, where officials from more than 55 countries gathered in Washington to discuss ways to beef up economic penalties against Assad's government.

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