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Colombo Plan for Co-operative Economic Development in South and South-East Asia

Published online by Cambridge University Press:  22 May 2009

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Extract

The ninth meeting of the Consultative Committee of the Colombo Plan for Cooperative Economic Development in South and South-East Asia was held in Saigon, Viet Nam, October 21–24, 1957. The committee considered the draft annual report which reviewed the progress of economic development in the area and outlined the unfinished tasks. It was announced that the annual Canadian contribution to the Colombo Plan would be increased in 1958–1959, subject to the approval of Parliament, to $35 million. The United States representative informed the conference that a new $300 million development loan fund was being organized by his government to assist countries of south and southeast Asia. The Federation of Malaya was welcomed as a member of the Colombo Plan. On the final day of the meeting the invitation of the United States to hold the next year's meeting in the United States was accepted. The meeting adopted the draft annual report and issued a communiqué which noted the economic progress made in the area in the year under review and outlined some of the future tasks in economic development.

Type
International Organizations: Summary of Activities: IV. Other Functional Organizations
Information
International Organization , Volume 12 , Issue 2 , Spring 1958 , pp. 254 - 256
Copyright
Copyright © The IO Foundation 1958

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References

1 The New York Times, October 23, 1957.

2 External Affairs, 12 1957 (Vol. 9, No. 12), p. 379–380Google Scholar. For a summary of the eighth meeting, see International Organization, XI, p. 398.

3 The Colombo Plan for Co-operative Economic Development in South and Southeast Asia. Sixth Annual Report 0f the Consultative Committee, Saigon, VietNam, 10 1957Google Scholar. Presented to Parliament by the Chancellor of the Exchequer by Command of Her Majesty, December 1957. London, Her Majesty's Stationary Office, 1957. For a summary of the fifth annual report, see International Organization, XI, p. 398–399.

4 The Colombo Plan Technical Co-operation Scheme; Report for 1956–57 by the Council for Technical Co-operation in South and South-East Asia, London, Her Majesty's Stationery Office, 1957Google Scholar. For a summary of the previous report of the Council, see International Organization, XI, p. 399–400.