CIAO DATE: 12/2008
November 2008
The Washington Institute for Near East Policy
When Barack Obama assumes office on January 20, 2009, the president-elect will face many pressing issues. The strategic case for careful and active management of Iraq policy, however, remains strong. Iraq has at least 115 billion barrels of proven oil reserves (9.3 percent of the world total) and borders Iran, Syria, Saudi Arabia, and Turkey. This vital Middle Eastern country could become a terrorist thoroughfare and the scene of future regional wars or it could become a stable and prosperous U.S. ally. What matters now is not how U.S. presence in Iraq started, but how it will change in the next four years. It may be far more economical to finish stabilizing Iraq under the relatively favorable present conditions compared to the unknown and potentially unfavorable situation of the future. Iraq retains the potential to contribute to U.S. policy objectives in the Persian Gulf region and the broader Islamic world. It could yet emerge as a strong democratic state at the center of the Middle East.
Resource link: PolicyWatch #1422: Win, Lose, or Draw: Iraq Decisions Await President-Elect [PDF] - 11K