AbstractThe aim of this thesis is to evaluate the structure and importance of business relations between the EU and Serbia, i.e. thesis submits an answer to the question of how bilateral trade is beneficial from the perspective of both sides, what are the possibilities of its development with regard to the crisis and what effect would it have on the eventual accession of Serbia to the EU. The first chapter analyzes macroeconomic situation of Serbia and the degree of involvement in the international trade. The second chapter analyzes relations between the EU and Serbia - the legal basis of mutual trade, the structure of trade and business and political integration. The last chapter focuses on trends in trade and negotiations and entry of Serbia to the WTO.