Aug 15 2018

U.S. sanctions could target Turkish Airlines – NYT

The next round of U.S. economic sanctions on Turkey could include limits on national flag carrier Turkish Airlines, the New York Times said on Wednesday.

If an American pastor jailed by Turkey, Andrew Brunson, were not released by the end of the day, there could be more economic sanctions put on the Turkish economy, it said.

Turkey’s ambassador to the United States also asked for concessions for Turkish state bank Halkbank at a recent meeting in return for the pastor, it quoted an anonymous source as saying.

The United States is expected to fine Halkbank for its part in a scheme to evade sanctions on Iran.

One of the bank’s executives, Mehmet Hakan Atilla, has been imprisoned over the incident based on testimony from the architect of the scheme, Turkish-Iranian businessman named Reza Zarrab.