Coup in Egypt Strategic Loss
Turkish Leadership Demoralized By Coup in Egypt
The Cost of the coup in Egypt to the (AKP) government
The losses are large and even strategic. The Muslim Brotherhood [Ikhwan] government in Egypt was the strategic partner of an AKP-led Turkey in terms of economic and political ties. An Ikhwan-led Egypt was the sine qua non of the "new Middle East order" or the "new Islamic world" for which Foreign Minister Ahmet Davutoglu has claimed leadership and authority.
Our visionaries will obviously not be able to build the new regional order with their only remaining ally HAMAS in an eastern Mediterranean basin where Syria's Bashar al-Asad cannot be ousted. At this point, with the Ikhwan ousted in Egypt, it is not even worth discussing the An Nahda-led unobtrusive Tunisia.
Another important aspect of Ikhwan for the vision of the AKP was that Egypt allowed [Turkey] to exercise soft power. We know that the AKP wanted to transfer to the Ikhwan its knowledge and experience in organizational and campaigning techniques in democratic processes and to activate the "AKP model" in Egypt. However, that Ikhwan government is no more. Consequently, the AKP has much less room to exercise soft power now.
The "soft power" that was exercised through financial assistance was evidence of the scale of importance Ankara attached to the Ikhwan-led Egypt. Last October, when Egypt was struggling to secure a loan of $4.8 billion from the IMF, Ankara extended Cairo a five-year $1 billion loan, with no payments for three years. That was a large sum for both countries. Now, that $1 billion will not pay the expected political dividends.