Turkiye to withdraw forces from Iraq base, hand over control to Baghdad
Summary: Turkiye has agreed to gradually withdraw forces from a strategic military base in northern Iraq and hand over its control to the Iraqi government, following a meeting between the two countries' leaders on the sidelines of the UN General…
MoneyApp Analysis
Iraq, meanwhile, pledged to remove armed groups that Turkiye considers security threats from the region of Sinjar, in northwestern Iraq, according to a joint statement issued after the meeting late Wednesday between Turkish President Recep Tayyip Erdogan and Iraqi Prime Minister Ali al-Zaidi. "In light of the progress Iraq has achieved through security measures, Turkish forces will gradually hand over the Bashiqa-Zelikan camp to the Iraqi federal government, in accordance with the agreed-upon mechanism and timeline," according to the joint statement released by Erdogan and al-Zaidi's offices. Turkiye and Iraq also agreed to "fully extend the authority of the Iraqi state in Sinjar and to end the presence of banned foreign armed .
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Frequently asked questions
What does this news mean for investors in Índia?
Turkiye to withdraw forces from Iraq base, hand over control to Baghdad. The Índia scenario (NSE/BSE exchange, ₹ currency) remains connected to global markets and geopolitical events. For comparison, the S&P 500, Federal Reserve decisions and geopolitical tensions (wars, sanctions, elections, tariffs) remain the world benchmark for risk and liquidity. The impact depends on your profile and horizon.
How does the US market influence this?
The S&P 500, Fed decisions, the dollar and geopolitical events (wars, sanctions, elections, tariffs) are the global benchmark: when they move, developed and emerging markets tend to follow.
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