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Transnational education is a new and permanent reality in educational life. It should be viewed as a positive set of educational opportunities. It raises profound and farreaching implications for all those involved in higher education. The challenges represented by it may impact at the local, regional, national and global levels and reactions to these multi-level challenges result in a co-ordinated set of global responses in the form of alliances. The globalisation of higher education manifests itself in various forms, of which transnational education is perhaps the most visible. It is something that can be focussed immensely for global pace. Transnational education has clear long-term implications for the nature and structure of educational provision throughout the world particularly in Europe.