The project "A Fictious Trade between the Czech and Slovakian school" is focused on cooperation between the realizing company Obchodní akademie, SOŠ a JŠ s právem státní jazykové zkoušky in Hradec Králové and the partner Obchodní akademie Banská Bystrica in the field of active business cooperation of students from signing frame business contracts and realizing fictional trade operations through the internet to personal business meetings. The main objective of this project is to strengthen previous business skills of the students, which are being practiced in Fictional Firms classes in their home countries, and to enlarge these skills into the field of foreign commerce. This will lead not only to improvement of ICT and language competences, but also the whole education process will become more attractive. The methods used are mostly video-conferences, exchanging business skills, transacting fictional businesses as well as promotion of firms through e-mails, web pages and Facebook profiles and last but not least through personal business meetings during the fairs of fictional firms. Direct participants of the project are about 200 students of the 3rd and 4th grades of both business academies in school years 2015 – 2017. The project will also have an indirect impact on students of other grades as well as on all students who are involved in Fictional Firms classes in the framework of the CEFIF organization and who will be informed about the project directly at fairs, on web pages of both schools, by e-mails and promotion of the most successful realizer´s firm at the International Fair of Fictional Companies in Prague. Expected outputs are questionnaires filled by the students at the beginning and end of each school year, documentation of realized fictional businesses when keeping legislation terms of both countries, reports of personal meetings during fairs and annual reports of all participating firms. All of this documentation will be accessible to students also in the following years, which will lead to quality and attractive education. A long-term effect for those students directly involved in the project is improvement of their entrepreneur and social competences, abilities of individual decision-making and of their orientation in the problems of foreign trading, which will all lead to improving of their position in the labor market after leaving the school. Also teachers of Fictional Firms classes will be able to share their experience and new transnational contacts with younger students. A long-term impact of the project is most of all a newly built relationship of two European nations having many aspects of the language, culture and history in common.