Turkey is country of Europe located in east Europe – partly in Asia 

Turkey, officially the Republic of Turkey, is a transcontinental country located primarily on Anatolia in Western Asia and Eastern Thrace in Southeastern Europe. Turkey borders eight countries: Bulgaria in the northwest; Greece to the west; Georgia in the Northeast; Armenia, Iran and the Azerbaijani exclave of Nakhichevan to the east; and Iraq and Syria to the southeast. The Mediterranean Sea is to the south; the Aegean lies to the west; and the Black Sea is to the north. The Sea of ​​Marmara, the Bosphorus, and the Dardanelles (which together form the Turkish Straits) mark the boundary between Thrace and Anatolia; they also separate Europe and Asia. Turkey’s location at the crossroads of Europe and Asia makes it a country of significant geostrategic importance.

Business
Turkey has the world’s 15th largest GDP PPP and 17th largest nominal GDP. The country is one of the founding members of the OECD and the major economies of the G-20. During the first six decades of the republic, between 1923 and 1983, Turkey largely adhered to a quasi-state approach with strict state budget planning and state-imposed restrictions on private sector involvement, foreign trade, foreign exchange flows, etc. Foreign direct investment. In 1983, however, Prime Minister Turgut Özal initiated a series of reforms aimed at shifting the economy from a statist, isolated system to a more private-sector, market-based model.