Turkey and Iraqi Kurdistan look past hostilities to cooperate



ERBIL, Iraq // Before Iraqi Kurdistan built its new airport, visitors often had to travel circuitous routes to get to the northern region, usually by way of Turkey.

Turkey has taken advantage of its proximity to build close business ties with this semi-autonomous region of Iraq, in spite of a tumultuous history that continues to pit Kurdish rebel fighters against the Turkish military.

"We are neighbours by blood," said Mehmet Sepil, the chief executive of Genel Enerji, a Turkish company that drills in Kurdistan. "I'm sure in the future and in the very soon future there will be very good coordination between the Kurds [and the] Turkish government."

Kurds, who are the majority in Kurdistan, are an ethnic minority in Turkey. Enmity between some Kurds and Turkish authorities dates as far back as Turkey's efforts to "Turkify" Kurds in the 1930s, and for the past quarter of a century Kurdish rebels in Turkey have pushed for more political and civil rights, at times violently.

In the latest outbreak of violence, Turkey carried out an airstrike on Sunday in the Qandil Mountains near the border between Turkey and Iraq.

The attack targeted Kurdish rebels of the PKK - the Kurdistan Workers' Party - an organisation that is based in Kurdistan and positions itself as a foe of the Turkish government.

But when it comes to business, Iraqi Kurdistan has turned a blind eye to Turkey's military incursions, and Turkey to the rebels based in Kurdistan. The working relationship is about one thing, energy.

"Turkey has a big need for energy," Mr Sepil said.

"Today, Turkey produces only about 8 to 10 per cent of the crude it needs and only 1 or 2 per cent of the gas. Every year power demand grows by 2,500 megawatts … We are paying a huge bill to Russia, Azerbaijan, Iran to cover these costs."

Turkey hopes to ship Kurdish gas through the planned Nabucco pipeline to Europe, and Kurdistan has talked of an alternative plan to send the gas to a plant at the Turkish port of Ceyhan, where it would be liquefied for export by sea to international markets.

Genel Enerji brought US$2.1 billion (Dh7.71bn) of investment to Kurdistan in September when it struck a deal to merge with Vallares, the investment company headed by Tony Hayward, who stepped down as chief executive of BP last year.

Despite the recent airstrikes, Ashti Hawrami, the oil minister of Kurdistan, characterised the state of play with Turkey as "a good relationship".

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KEY DATES IN AMAZON'S HISTORY

July 5, 1994: Jeff Bezos founds Cadabra Inc, which would later be renamed to Amazon.com, because his lawyer misheard the name as 'cadaver'. In its earliest days, the bookstore operated out of a rented garage in Bellevue, Washington

July 16, 1995: Amazon formally opens as an online bookseller. Fluid Concepts and Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought becomes the first item sold on Amazon

1997: Amazon goes public at $18 a share, which has grown about 1,000 per cent at present. Its highest closing price was $197.85 on June 27, 2024

1998: Amazon acquires IMDb, its first major acquisition. It also starts selling CDs and DVDs

2000: Amazon Marketplace opens, allowing people to sell items on the website

2002: Amazon forms what would become Amazon Web Services, opening the Amazon.com platform to all developers. The cloud unit would follow in 2006

2003: Amazon turns in an annual profit of $75 million, the first time it ended a year in the black

2005: Amazon Prime is introduced, its first-ever subscription service that offered US customers free two-day shipping for $79 a year

2006: Amazon Unbox is unveiled, the company's video service that would later morph into Amazon Instant Video and, ultimately, Amazon Video

2007: Amazon's first hardware product, the Kindle e-reader, is introduced; the Fire TV and Fire Phone would come in 2014. Grocery service Amazon Fresh is also started

2009: Amazon introduces Amazon Basics, its in-house label for a variety of products

2010: The foundations for Amazon Studios were laid. Its first original streaming content debuted in 2013

2011: The Amazon Appstore for Google's Android is launched. It is still unavailable on Apple's iOS

2014: The Amazon Echo is launched, a speaker that acts as a personal digital assistant powered by Alexa

2017: Amazon acquires Whole Foods for $13.7 billion, its biggest acquisition

2018: Amazon's market cap briefly crosses the $1 trillion mark, making it, at the time, only the third company to achieve that milestone

The biog

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Favourite city: Cape Town, South Africa

Hobby: Running. "I like to think I’m artsy but I’m not".

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Favourite spot in Abu Dhabi: Saadiyat beach