Initial activities of the Pacific Circle, an educational exchange project of the Organization for Economic Cooperation and Development, are reported. Information is divided into four sections. Section I outlines the origins and evolution of the project. Section II details membership and describes the main lines of activity which have taken place within the Pacific Circle Consortium, the group of institutions charged with carrying out the initial cycle of activities. The nature and structure of each of these participating institutions is also described. These institutions are: the Australia Curriculum Development Centre; New Zealand Department of Education; Japan's National Institute for Educational Research; the Canadian Council of Ministers of Education; and, from the United States, the Northwest Regional Educational Laboratory, the East-West Centre Cultural Learning Institute, and the Curriculum Research and Development Group. Section III outlines the types of activities emerging for future work while the final section, section IV, discusses conditions necessary for survival of the Consortium. (LP)