Transnational Framework Agreements are a new industrial relations instrument that encourages the recognition of social partnership across national borders and could lead to new forms of social regulation at global level. The rationale for taking the initiative to negotiate such agreements can be traced back to the effects of the globalisation of production structures and human resource strategies. This report explores the recent phenomenon of transnational agreements, including both international agreements which have a global scope of application, and European agreements which have a more regional scope. The report scrutinises the content of the agreements, looks at the strategies of the employer and union organisations involved and assesses their contribution to the potential internationalisation of industrial relations.