Located in the western part of the landmass of Eurasia, the Turkish Straits are conventionally considered the boundary between the continents of Europe and Asia, as well as the dividing line between European Turkey and Asian Turkey. Owing to their strategic importance in international commerce, politics, and warfare, the Turkish Straits have played a significant role in European and world history. Since 1936, they have been governed in accordance with the Montreux Convention.