Word: ankara
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Dates: during 1990-1999
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...ANKARA...
Turkey finds itself in a particularly painful bind. Exporters had expected to sell Baghdad $600 million worth of goods, mainly iron, steel and food products. Since the U.S. and most European countries impose strict quotas on some of these imports and the markets for others are saturated, Ankara estimates that 75% of the products destined for Iraq will effectively be rendered worthless: no other foreign importer will be able to buy them...
...from Iraq, which is among its largest trading partners. Because the location of Turkey makes it a linchpin in the strategy to isolate Saddam, its worries have been taken seriously. Kuwait's Emir has offered to compensate the Turks for most if not all of their financial damages, which Ankara estimates will come to $2.5 billion annually. Because Turkey is so vulnerable to Saddam's wrath, Secretary of State James Baker traveled to Ankara to personally deliver Western assurances, and saw to it that NATO reaffirmed its commitment to back the country in the event of an attack...