Iraqis have stepped back from the brink by agreeing on a law that will allow elections to go forward in January. While this averts postponement of the ballot, which would have required the US to recalibrate its withdrawal from Iraq, the contentious process is a harbinger of difficulties to come. Once elections are held, Iraqis still have to establish a coalition government and overcome deep divisions on issues such as hydrocarbons, revenue-sharing and the status of Kirkuk, a city claimed by Kurds, Arabs and Turkmen. Given these flashpoints, Iraqi Kurds are placing as much importance on relations with Ankara as with Baghdad. Turkey is also hedging her bets in case Iraq’s elections trigger sustained violence that polarises Iraqis and destabilises the region.

It was only in February last year that Turkey massed 100,000 troops for a major cross-border operation to root out the separatist Kurdistan Workers’ party (PKK) from its hide-out in the Qandil Mountains of northern Iraq. In a dramatic reversal, Ahmet Davudoglu, Turkey’s foreign minister, made a historic visit to Iraqi Kurdistan just two weeks ago to sign landmark deals opening a Turkish consulate in Erbil and border-crossings for travel and trade. Both sides have made the strategic decision that their interests are better served through co-operation than confrontation.