The fifth Ministerial summit was held in London in May 2007. Montenegro acceded to the Process at this summit, bringing the number of participating countries to 46.

Ministers adopted a proposal for a Register of European Higher Education Quality Assurance Agencies (REHEQA). The Register will provide information regarding the alignment of quality assurance agencies with the European Standards and Guidelines for Quality Assurance in the European Higher Education Area (ESGs). The Register will be based in Brussels with a small Secretariat.

Ministers stressed the importance of social dimension of HE. They agreed to report back in 2009 on national measures to widen participation in HE. Mobility was re-stated as one of the key objectives of the Bologna Process. Ministers called upon Eurostat and Eurostudent to develop comparable and reliable indicators to measure progress in increasing staff and student mobility. 

Ministers approved ‘The Strategy for the EHEA in a Global Setting’, acknowledging the importance of the global dimension to Bologna. The Bologna Secretariat will be improved to better present the EHEA to the wider world and countries are urged to improve their procedures for recognition of foreign qualifications.