IRBIL: Turkiye鈥檚 presidential election is being anxiously watched by Kurds in Syria and Iraq as economic interests compete with fears of a regional military escalation against some Kurdish groups.

The long-running and deadly conflict between Ankara and militant groups from the ethnic Kurdish minority has spilled across the borders of both Iraq and Syria.

But Turkiye is also a major economic partner, especially for northern Iraq鈥檚 autonomous Kurdish province which has long exported oil through a pipeline that runs through Turkiye and has trade ties worth billions.

鈥淓conomically, there are mutual benefits,鈥� said Iraqi political scientist Mohamed Ezzedine.

Turkiye鈥檚 President Recep Tayyip Erdogan, having governed for 20 years, has fostered key strategic links with Iraqi Kurdistan鈥檚 President Nechirvan Barzani who has been in power for three decades.

After the first round of elections, as votes were still being counted, Barzani called Erdogan, the Turkish 鈥渞eis鈥� or chief, to express 鈥渃onfidence and optimism鈥� he would defeat challenger Kemal Kilicdaroglu.

But some Kurds in Iraq and across the border in Syria fear an Erdogan victory will see a military escalation in their home regions.

Fighting between Ankara鈥檚 army and Kurdish Workers鈥� Party or PKK militants from Turkiye has for decades spilled over into Iraqi Kurdistan, a rugged mountain region where both sides operate military bases 鈥� with civilians often caught in the crossfire.

In northeast Syria, the Kurdish People鈥檚 Protection Units or YPG have established a semi-autonomous administration amid the chaos of the long-running civil war, and the group is backed by the US as part of an anti-terror coalition.

Ankara, however, considers them an extension of the PKK, which is labeled a terrorist group by Turkiye and its key Western allies, and has waged successive military campaigns against them.

Despite the conflict鈥檚 impact in Iraqi Kurdistan, the region also benefits from its neighbor, with trade ties worth an estimated $12 billion in 2022.

Many local businesses would like to keep things the way they are.

鈥淪ince Erdogan became president, we have been satisfied,鈥� said Ahmed Krouanji, who runs a shop in Irbil鈥檚 market. 

鈥淭here is a lot of trade with Turkiye, the economic situation has improved.鈥�

Others express views reflecting solidarity with Kurds across the border.

An Erdogan victory 鈥渋s not in the interests of the Kurds of Turkiye,鈥� said Ali Khodr, a man aged in his 30s.

Turkiye鈥檚 leading pro-Kurdish party, the People鈥檚 Democratic Party, denounces Ankara鈥檚 persecution of its Kurdish minority and backs Kilicdaroglu.

But the only consolation for the president鈥檚 opponents after first-round voting that delivered the incumbent a comfortable lead, was that for the first time, Erdogan has been forced into a runoff.

Over two decades, Irbil鈥檚 leaders have forged close ties with the Turkish president, who receives Nechirvan Barzani and his cousin, Prime Minister Masrour Barzani, on their regular visits to Ankara.

鈥淭he government of Kurdistan has always tried to have good relations with Turkiye, which is their gateway to the rest of the world,鈥� said Ezzedine. 鈥淭his affinity was built on economic foundations.鈥�

For years, direct sales of crude to Turkiye, without approval from Iraq鈥檚 federal government, were the economic lifeblood of Kurdistan.