The Turkish Republic of Northern Cyprus (TRNC), or Northern Cyprus, is a de facto state located in the northern part of the island of Cyprus in the Mediterranean. Its existence is not recognized by any country other than Turkey. It has been described as the territory of the Republic of Cyprus under Turkish occupation since the Cyprus Operation carried out by Turkey in 1974 by organizations such as the United Nations and the European Union and the international community.

The Turkish Republic of Northern Cyprus is embargoed by the international community in areas such as economy, transportation and sports. Due to the embargoes, it has become economically dependent on Turkey. vThe Turkish Republic of Northern Cyprus is supported by Turkey economically, politically and militarily.

Since 2001, there has been a rapid growth in the economy; however, the country has started to experience economic difficulties since the end of the 2000s.