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The European Training Foundation (ETF) Peer Review is an initiative that was launched in the South Eastern European countries in 2002. It combines policy advice to individual countries with a regional dimension. The key objectives for the peer reviews are to: provide an external assessment of vocational education and training (VET) reform policy initiatives for national policymakers; improve mutual knowledge and understanding of VET systems, issues and developments in the South Eastern European countries; promote regional networking, the exchange of experience, and cooperation among VET experts, stakeholders and policymakers; increase awareness and facilitate transfer of VET reform experience from European Union (EU) Member States and future member states; contribute to the CARDS and Phare programming cycle; and intensify cooperation between the ETF and national authorities/experts from the region. The peer review model developed by the ETF for 2005 is a cross-country approach with a regional focus on VET reform implementation in four South Eastern European countries - Bosnia and Herzegovina, Bulgaria, the former Yugoslav Republic of Macedonia, and Serbia. This report presents a synthesis of the outcomes of VET specialists from these countries reviewing curriculum, policy and actual practice across their own region. It synthesises analyses, findings and recommendations and has been formulated on the basis of individual country reviews.