The Hungary-Serbia IPA Cross-border Co-operation Programme belongs to the “new generation” of cross-border co-operation programmes in the budgetary period 2007-2013. In this Programme the participating countries, Hungary and Serbia, have established their Programme management as “shared management system”.

The Programme is implemented within the 2007 – 2013 Europan Union financial framework under the Instrument for Pre-accession Assistance (IPA). The assistance is implemented through five components which are the following:

(a) Transition Assistance and Institution Building

(b) Cross-border Co-operation (CBC)

(c) Regional Development

(d) Human Resources Development

(e) Rural Development

The CBC component has the objective of promoting good neighbourly relations, fostering stability, security and prosperity in the mutual interest of all countries concerned, and of encouraging their harmonic, balanced and sustainable development.

In the current Programme, Hungary and Serbia co-operate in the frame of the CBC component of IPA in a joint structure through shared management and joint decision making, with common financial resources available.

Source: Website of the Programme as accessed in May, 2011.