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Iraq crisis hits Turkish economy

Iraq is Turkey's second leading export market, but trade routes to Baghdad and farther south are currently blocked because of ISIS's capture of Iraqi territory.

Turkish trucks and tankers, shuttling between Turkey and Iraq, queue on a road leading to the Habur border gate in southeastern Turkey, before crossing into Iraq with their goods, February 23, 2008. Turkey's exports to Iraq jumped nine percent last year to $2.8 billion and its influence can be felt across northern Iraq in the form of supermarkets, consumer goods, construction firms and traders from all over Turkey. To match feature TURKEY-IRAQ/CONFLICT REUTERS/Fatih Saribas  (TURKEY)  REUTERS/Fatih Saribas
Turkish trucks and tankers, shuttling between Turkey and Iraq, queue on a road leading to the Habur border gate in southeastern Turkey, before crossing into Iraq with their goods, Feb. 23, 2008. — REUTERS/Fatih Saribas

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