The Turkish Serbian Business Association was founded in 2016 in Belgrade as a private, non-governmental, non-profit organization of Turkish and Serbian businessmen in Serbia. Increase in investments from Turkey to Serbia has been recorded since 2015. Turkish companies have taken over numerous projects in Serbia so far. Today, the number of Turkish companies in Serbia is more than 800, while in 2015 there were about 130, and these companies employ about 10.000 people in Serbia. Trade between Serbia and Turkey in 2018 exceeded One Billion €. The mission is to improve the economic relations between two countries and support cooperation between Serbian and Turkish companies in various economic prospects.