By Joe Palazzolo
A senior U.S. Treasury official will travel to Turkey and France next week to discuss how to apply “maximum pressure” on Col. Moammar Gadhafi’s regime, the Treasury Department said Friday.
The talks come amid an escalation of military support for rebel forces fighting troops loyal to the Libyan leader.
David S. Cohen, acting undersecretary for terrorism and financial intelligence, is also expected to push senior government officials in Turkey and France to aggressively implement financial sanctions on Iran during his trip, the department said in a statement.
In Ankara and Istanbul, Cohen will meet with private sector leaders to discuss the Iran sanctions law passed last July and its ramifications for foreign financial institutions, the department said.
The Comprehensive Iran Sanctions Accountability and Divestment Act threatens foreign banks that do business with sanctioned entities with banishment from the U.S. financial system.
via Treasury Official To Discuss Libya Sanctions In France, Turkey – Corruption Currents – WSJ.