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Colombo Plan

arrangement for discussing economic development plans and facilitating technical and financial assistance for development projects in south and southeast Asia. It was established at Colombo, Ceylon (now Sri Lanka), in 1950 as a result of discussions by the governments of India, Pakistan, Ceylon, Australia, New Zealand, and Great Britain. The United States, Japan, and a number of Southeast Asian, East Asian, and Pacific countries joined later. The plan came into full operation in 1951. Its name was changed following the end of participation by several newly communist countries of Southeast Asia.

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Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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