[QODLink]
INSIDE IRAQ
Is Iraq an economic battleground?
Chinese companies have emerged as Iraq's largest investor in the oil and gas sector.
Last Modified: 16 Jun 2010 08:15 GMT

Before launching his war to topple Saddam Hussein's regime, George Bush, the former US president, promised a strong independent Iraq.

Instead the country has become a bloody battleground for regional and international forces, not to mention al-Qaeda.

Today US, Israeli, Turkish, Saudi Arabian and Syrian forces compete to shape Iraq's political landscape.

Sometimes this competition is fought with brute force and sometimes by proxy through Iraqi political parties and armed groups.

The prize is Iraq's geopolitical value as a lynchpin of Gulf stability and its huge oil reserves.

While on the economic front, US companies have all but surrendered their quest to monopolise Iraq's oil, Chinese companies have signed at least three deals in recent weeks, and have emerged as Iraq's single largest investor in the oil and gas sector.

Concerned Iraqi nationalists condemn this interference but predict that Iraqi nationalism will eventually sweep away all this meddling.

We are joined by David Pollock, a senior fellow at the Washington Institute for Near East Policy, and George Galloway, a former member of the British parliament.

This episode of Inside Iraq aired from Friday, June 11, 2010.

Source:
Al Jazeera
Topics in this article
People
Country
Organisation
Featured on Al Jazeera
'Justice for All' demonstrations swell across the US over the deaths of African Americans in police encounters.
Six former Guantanamo detainees are now free in Uruguay with some hailing the decision to grant them asylum.
Disproportionately high number of Aboriginal people in prison highlights inequality and marginalisation, critics say.
Nearly half of Canadians have suffered inappropriate advances on the job - and the political arena is no exception.
Featured
Women's rights activists are demanding change after Hanna Lalango, 16, was gang-raped on a bus and left for dead.
Buried in Sweden's northern forest, Sorsele has welcomed many unaccompanied kids who help stabilise a town exodus.
A look at the changing face of North Korea, three years after the death of 'Dear Leader'.
While some fear a Muslim backlash after café killings, solidarity instead appears to be the order of the day.
Victims spared by the deadly disease are reporting blindness and other unexpected post-Ebola health issues.