As component II of the European Union's new financial Instrument for Pre-accession Assistance (IPA), this is the first cross-border programme  on the border between the pre-accession countries of the Republic of
Albania and Republic of Montenegro, for the period 2007-2013.

The global objective of the Programme is to promote cooperation between people, communities and institutions on the bordering areas, aiming at sustainable development, stability and prosperity in the mutual interest of citizens of the two countries.

The specific objectives of the Programme are:

• Promotion of economic development through the economic valorisation of its tourist and cultural potentials0
• Improvement of the protection, promotion and management of sensitive ecosystems and their sustainable development
• Furtherance of citizens’ cooperation and partnership building across the border

Source: http://www.qarkushkoder.org/dw/Drejtoria_projekteve/Guidelines%20for%20Applicants%20-%20CBC%20Albania%20-%20Montenegro%202008%20-%202009.pdf as accessed in May, 2011