Treasury Assistant Secretary Daniel L. Glaser Visits Lebanon

On November 10, 2011, U.S. Treasury Assistant Secretary for Terrorist Financing Daniel L. Glaser visited Lebanon and met with Prime Minister Najib Mikati, Bank of Lebanon Governor Riad Salameh, and a number of representatives from the Lebanese banking community.  This is Mr. Glaser's first visit to Lebanon as Assistant Secretary.

In his meetings, Mr. Glaser underscored the need for Lebanon to take the necessary steps to ensure a transparent and well-regulated financial sector for Lebanon's continued prosperity.  He also stressed the need for authorities to protect the Lebanese financial sector from potential Syrian attempts to evade U.S. and EU financial sanctions.  He reiterated the U.S. view that it is important to ensure that the current instability in Syria does not undermine the Lebanese financial sector. 
Mr. Glaser also called for Lebanon to meet all of its international obligations, including cooperating with and funding the Special Tribunal for Lebanon.   He renewed the commitment of the United States to a stable, sovereign and independent Lebanon.