To promote interest in and support for the economic and social development of Asia and the Pacific.
To promote technical co-operation and assist in sharing and transfer of technology among member countries.
To keep under review relevant information on technical co-operation between Member Governments, multilateral and other agencies with a view to accelerating development through co-operative effort.
To facilitate transfer and sharing of developmental experiences among member countries within the region with emphasis on the concept of South-South Co-operation.
To assist the Least Developed Countries (LDCs) of the Colombo Plan region in their effort of economic development through dissemination of technical and industrial know-how by comparatively advanced countries.