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FINANCIAL TIMES STATED TURKEY GOT THE BIGGEST BENEFIT OF IRAQ WAR
19:38, 13 March, 2013
YEREVAN, MARCH 13, ARMENPRESS: The Americans won the war, the Iranians
won the peace and the Turks won the contracts. As reports Armenpress
this is how Financial Times starts its article on Iraq war and Turkish
economic policy in Iraq after it.
The daily writes that Turkey, which blocked the deployment of
U.S. troops through its territory during the 2003 invasion that
toppled Saddam Hussein, is emerging 10 years on as one of the prime
beneficiaries of the battle for the Iraqi market. Although Turkey's
relations with Baghdad are increasingly bitter, its exports to Iraq
have in the past decade soared by more than 25 percent a year,
reaching $10.8 billion in 2012, making Iraq Ankara's second-most
valuable export market after Germany. While Iran is seen as the
most influential outside power in Iraq today, on Baghdad's streets
Turkey's presence is more visible than that of any other country,
with everything from malls to furniture stores to pavement bricks
bearing a Turkish trademark.
But it is the Kurdish-governed north that accounts for the bulk of
Turkey's business, absorbing about 70 percent of Turkey's exports
to Iraq.
19:38, 13 March, 2013
YEREVAN, MARCH 13, ARMENPRESS: The Americans won the war, the Iranians
won the peace and the Turks won the contracts. As reports Armenpress
this is how Financial Times starts its article on Iraq war and Turkish
economic policy in Iraq after it.
The daily writes that Turkey, which blocked the deployment of
U.S. troops through its territory during the 2003 invasion that
toppled Saddam Hussein, is emerging 10 years on as one of the prime
beneficiaries of the battle for the Iraqi market. Although Turkey's
relations with Baghdad are increasingly bitter, its exports to Iraq
have in the past decade soared by more than 25 percent a year,
reaching $10.8 billion in 2012, making Iraq Ankara's second-most
valuable export market after Germany. While Iran is seen as the
most influential outside power in Iraq today, on Baghdad's streets
Turkey's presence is more visible than that of any other country,
with everything from malls to furniture stores to pavement bricks
bearing a Turkish trademark.
But it is the Kurdish-governed north that accounts for the bulk of
Turkey's business, absorbing about 70 percent of Turkey's exports
to Iraq.