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Mexico: U.s. Treasury Secretary Jacob Lew Warns Of "real Consequences" As ...

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By Reuters

MEXICO CITY, MEXICO (MARCH 18, 2014) (REUTERS) VARIOUS OF U.S. TREASURY SECRETARY JACOB LEW GREETING MEXICAN FINANCE MINISTER LUIS VIDEGARAY AT NEWS CONFERENCE MEDIA LEW AND VIDEGARAY STANDING AT PODIUMS CAMERA (SOUNDBITE) (English) U.S. TREASURY SECRETARY JACOB LEW, SAYING: "I want to be clear, these executive orders don't just affect the assets that individual Russian leaders have in the United States. It affects the ability of United States' parties to do business with those people and it affects the ability of institutions in the United States to do business with those people. So, we think they're actually very real consequences to the actions taken." U.S. FLAG GENERAL VIEW OF NEWS CONFERENCE (SOUNDBITE) (English) U.S. TREASURY SECRETARY JACOB LEW, SAYING: "I'm not going to get ahead of where we are now. The president's made clear that he continues, his goal is for Russia to de-escalate, to take a step back, but he's been equally clear that if Russia does not de-escalate , if instead they take more aggressive acts, there will be a need for a further response. And I think that our tool of responses is something that we'll continue to work on, and I'll defer to the president on the timing of making decisions going forward." MEDIA AT NEWS CONFERENCE MORE OF LEW AND VIDEGARAY AT NEWS CONFERENCE (SOUNDBITE) (Spanish) MEXICAN FINANCE MINISTER LUIS VIDEGARAY, SAYING: "The cooperation of Mexican and the United States against money laundering is a cooperation that's existed for a long time, and during the administration of Enrique Pena Nieto it's more robust, more effective. We're taking measures to have a more opportune cooperation, that doesn't just bring about the participation of authorities but also private sector institutions, assuring a sufficient exchange of information that allows for the generation of concrete cases that could be taken before the courts of both countries." LEW AND VIDEGARAY LEAVING NEWS CONFERENCE
Dateline: 2014

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