Main goals: modernisation of railway system in the region; harmonization of standards of railway systems in Southeast Europe; increase of productivity and competitiveness in the international market; improved external reputation and better positioning with EU and Brussels; initiate implementation of innovative technologies in the region, and increased transparency in this process; Psynchronisation of laws and regulation in the region with the EU, enabling intensified passenger and cargo transfer in this part of Europe; Development of public-private partnership in the railway sector in the region