A few days ago I had mentioned the trade between Iraq and Turkey has reached 10 Billion dollars. Today the 4th of June the Turkish papers are saying the same thing.
As Turkey prepares for a possible attack on the outlawed Kurdistan Workers' Party (PKK) in Iraq, residents along the border are bracing for the negative impact of any military action on cross-border trade. "This border is my only hope," said truck driver Süleyman Gidim, who was ferrying gasoline to US troops to Iraq and has a family of seven to feed. The economic fallout of an attack could be huge for both sides: Turkey provides electricity and oil products to the Iraqi Kurdish administration, and the annual trade volume at the Habur Gate crossing is more than $10 billion. The Turkish military has been building up forces along the border, where separatist militants cross from safe havens in Iraq to carry out attacks.