The Program "Our common border 2001-2006" is based on two programs "The program of cross-border co-operation of the Republic of Karelia for 2001-2006"and "Interreg-IIIA- Karelia 2000-2006". This program is the basis for co-operation within the framework of Euregio Karelia. According to the European experts' opinion this is a unique document in its way, because there is no similar examples either in European Union or in Russia. One of the objectives of this program is to present to European Union common approach of the Finland's and Russian Federation's border regions to problems facing in cross-border co-operation and to transfer decision-making powers on Tacis/CBC projects to the regional level.