The International Rugby Board (IRB) has approved plans for a game between the northern and southern hemispheres in November at the Millennium Stadium in Cardiff.
The proceeds from the match, which will be played biennially in the future, will be used to assist the promotion of rugby in several financially disadvantaged countries.
Former Lions coach Syd Millar, chairman of the IRB technical committee, will appoint coaches for both teams, with Australian legend Michael Lynagh acting as match manager.
The game is planned to take place in Cardiff on 30 November at the end of the Autumn series of internationals in the northern hemisphere.
"This initiative will help re-establish and rejuvenate the game among proud rugby countries like Fiji, Samoa, Tonga and Romania," said Australian Rugby Union managing director John O'Neill.
"It will also help create a much more competitive structure at the elite level."
The IRB has also moved to stop player burn-out in the busy fixture lists of the professional era, calling on countries to make sure top players get an eight-week break during the year.
"In the interests of player welfare at the elite level, it is recommended that there should be a minimum eight-week break," the IRB said in a statement.
Leading coaches are worried that players are being forced to play too often.
After a council meeting the IRB also said it planned to take a lead in dealing with referee abuse.
It has also approved two minor law changes.
All starts and restarts of matches will be by means of a drop kick in the future instead of a place kick.
"This will come into effect on 1 June 2002 in the Southern Hemisphere in time for the Tri-Nations series and on 1 August 2002 in the Northern Hemisphere," the IRB said.
School club hub officers in schools throughout Wales are enriching lives by helping pupils to engage more with their education, their community and improve their own outlook on life and future prospects by improving confidence and developing skills such as leadership.
WRU chief executive Martyn Phillips, WRU chairman Gareth Davies and Dragons chief executive Stuart Davies discuss the historic intentions of the governing body to assume operational control of the Newport Gwent Dragons, with a targeted completion date of 1st July.
Equal access to facilities and resources at St Helen's has seen Swansea Women flourish since being welcomed with open arms last July. Swansea RFC chairman Stephen Hughes and women's captain Siwan Lillicrap are delighted to see rapid progress being made on and off the pitch.
Young referee Ben Breakspear is making rapid strides as a referee. In just over a year he has gone from officiating a college game to being a touchline official during last weekend's RBS 6 Nations clash between Wales and Ireland at Principality Stadium.
Grand Slams, Triple Crowns and British and Irish Lions tours - Sir Gareth Edwards did it all. But what are his favourite moments in what was an amazing career? WRU TV finds out - along with his favourite players of today in the third and final instalment of our series with the greatest rugby player ever.
JPR Williams, Gerald Davies and Mervyn Davies were among those in the Welsh ranks when Sir Gareth Edwards began his international career against France nearly 50 years ago, but who was the player who took the young scrum half under their wing?
Wales head coach Rob Howley and captain Alun Wyn Jones are expecting a physical battle against France on Saturday but both are hoping for another impact from the bench as the men in red chase a top-four world ranking.
It's nearly 50 years since the great Sir Gareth Edwards made his debut as a youngster for Wales against France in Stade Colombes. In the first of a series, WRU TV discovers he pocketed a 'special momento' from the game - something he still has today.