Besides exposure to the Turkish market, it also has operations in Kazakhstan and the Ukraine among other Central Asian countries.

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Specialized continuous information content, where you're probably going to have one provider, providing bond prices for the Turkish market, say, are going to do really well, because for a long time, they're going to be able to keep people out.

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If global stocks look to be starting a new bear market, you do not want to own volatile Turkish stocks.

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The idea of a Turkish manufacturer competing successfully in the world market seemed to impress Wolfowitz.

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According to the BKM (Interbank Card Center) data, the Turkish e-commerce market reached a whopping 25 billion in 2012.

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Some exporters worry Turkish goods could also be affected -- for now perhaps a third of Turkey's exports to the Kurdish north are sold on to the rest of Iraq and many Turkish companies have their eyes on the Iraqi market as a whole.

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"I have sold Turkish goods around the world and the easiest market is Iraq, " says Serif Egeli, a prominent Turkish businessman who has been travelling to the country for 40 years.

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