Geithner to Europe, Middle East in July

Treasury Secretary Tim Geithner will travel to Europe and the Middle East next month to lay the groundwork for a major G-20 summit in the U.S. this fall.

Geithner will travel to the U.K., Saudi Arabia, the U.A.E., and France between July 12-16, the Treasury Department announced Tuesday.

The visit will ostensibly lay the groundwork for talks in Pittsburgh this September, where G-20 nations are expected to discuss their broad efforts to stimulate the global economy and overhaul efforts to regulate the worldwide financial system.

The trip will be Geithner's first trip to the Middle East since taking office, the Treasury said.