Nis City Mayor Darko Bulatovic with his associates met with French Ambassador Jean-Louis Falconi at Nis City Hall to discuss the potential cooperation projects. The mayor said that the French Development Agency would support the city in developing a feasibility study, not only for light rail transport, i.e., for the introduction of trams into public city transport, but also for the development of a land use after the railroad track displacement. “These are the activities that await us over the next three years. We have started the preparatory activities related to the study itself, which should meet all the challenges of modern times.” said Mayor Bulatovic. The Union for the Mediterranean, the European Union, the French Development Agency and the European Investment Bank have joined forces to build a successful transition towards sustainable cities. The Urban Projects Finance Initiative (UPFI) supports public project promoters helping them to prepare and finance ambitious and innovative urban development projects, which aim to create jobs, reduce poverty and upgrade the urban fabric. The UPFI is an innovative tool coordinating the actions of financial institutions by pooling complementary technical and financial tools in order to achieve a common objective: to set a benchmark for sustainable cities. French Ambassador Jean Louis Falconi said that the topics discussed were archaeological sites in Niš, Waste Water Treatment Plant, the opening of a Science and Technology Park, the cooperation between small and medium-sized enterprises of the two countries.