Desiring to promote international transport of goods and passengers through making progress in the implementation of the Declarations of the Second Pan-European Transport Conference in Crete in 1994 and the priority transport corridors supported by the Conference, and those adopted during the Third Pan-European Transport Conference in Helsinki in 1997 (including the report on adjustments to the Crete Corridors) as a basis for further work.

The aim of the MoU is to co-operate in the development of main and ancillary infrastructures regarding Corridor VII including the relevant port infrastructures. This development should include maintenance, reconstruction, rehabilitation, upgrading and new construction, as well as its operation and use with a view to fostering the most efficient and environmentally friendly use of the Corridor. Taking into consideration the existing legal regulations in the interested countries, the fleet operating on the Danube is also a field for co-operation. The co-operation furthermore aims at perceiving and defining the prerequisites and conditions for the most efficient use of funds and know-how provided by public and private sources.