The Wider Black Sea Region has gone through a very significant transformation since the end of the Cold War. Although there have been some successful attempts to provide political, economic and military cooperation, the regionalization attempts are usually considered to be semi-successful at best. This paper begins with a brief historical discussion to provide the background for analysis in the last two decades. Then, four major principles that should guide Turkish foreign policy within the Wider Black Sea Region are discussed, including possible benefits and difficulties associated with them. These principles are: promotion of the BSEC; improvement of bilateral relations with Russia and its inclusion in all multilateral initiatives; prevention of great power rivalry and interstate or civil wars in the Black Sea region.