The Justice and Development Party, abbreviated officially as AK Party in English, is a political party in Turkey self-describing as conservative-democratic. It has been the ruling party of Turkey since 2003. Third-party sources often refer to the party as national conservative, social conservative, right-wing populist and as espousing neo-Ottomanism. The party is generally regarded as being right-wing on the political spectrum, although some sources have described it as far-right since 2011. It is one of the two major parties of contemporary Turkey along with the Republican People's Party (CHP).