The US Supreme Court must drop this unlawful and unprecedented prosecution against Halkbank as the standing of this lower court's ruling would threaten future indictments of any sovereign state. By doing so, it would also help the smoothing out of critical relations between Ankara and Washington.
Halkbank may argue that it is entitled to sovereign immunity, but this notion rests on a false premise that the bank and the Turkish government are the same. Established international law and practice are unequivocal that despite being a publicly owned corporation, the bank is not a sovereign entity. This is about conforming to well-established international norms.