BRIEF-Seair announces default on senior debt
* Seair Inc - defaulted on terms of its senior debt senior debt and is currently in negotiations with its creditors to develop a restructuring plan
GENEVA, April 2 The Syrian government has informed international mediator Kofi Annan that it is implementing a plan to withdraw all military units from towns by April 10, Annan's spokesman Ahmad Fawzi said on Monday.
If Annan, who is the joint special envoy of the United Nations and Arab League, is able to verify the withdrawal on April 10, then both the government and opposition forces have 48 hours to cease hostilities, he said.
"The Syrians have told us they have put a plan in place for withdrawing their army units from populated zones and surrounding areas. This plan began yesterday (Sunday), the day we got the letter, and will be completed by April 10," Fawzi told Reuters in Geneva after Annan briefed the U.N. Security Council.
"If we are able to verify this has happened on the 10th, then the clock starts ticking on the cessation of hostilities, by the opposition as well. We expect both sides to cease hostilities within 48 hours," Fawzi said.
* Sets regular quarterly dividend of $0.2425 per share Source text for Eikon: Further company coverage:
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