East Thrace East Thrace East Thrace or Eastern Thrace ( or simply "Trakya"; , "Anatoliki Thraki"; , "Iztochna Trakiya"), also known as Turkish Thrace or European Turkey, is the part of the modern Republic of Turkey that is geographically part of Southeast Europe. It accounts for 3% of Turkey's land area but comprises 14% of Turkey's total population. The rest of the country is located on the Anatolian peninsula, geographically in Western Asia. East Thrace is of historic importance as it is next to a major sea-based trade corridor. It is currently also of specific geostrategic importance because the sea corridor, that
Economy of Turkey 2005. Share of mid and high technology products has increased from 5% in 1980 to 14% in 1990 and 43% in 2005. Turkey is an oil and natural gas producer, but the level of production by the state-owned TPAO isn't large enough to make the country self-sufficient, which makes Turkey a net importer of both oil and gas. However, the recent discovery of new oil and natural gas fields in the country, particularly off the Black Sea coast of northern Anatolia; as well as in Eastern Thrace, the Gulf of İskenderun and in the provinces of the Southeastern Anatolia Region