Hello all,EXCERPT: Theravada - Mahayana Buddhism
Ven. Dr. W. Rahula
(From: "Gems of Buddhist Wisdom", Buddhist Missionary Society, Kuala Lumpur, Malaysia, 1996)
We must not confuse Hinayana with Theravada because the terms are not synonymous. Theravada Buddhism went to Sri Lanka during the 3rd Century B.C. when there was no Mahayana at all.
Hinayana sects developed in India and had an existence independent from the form of Buddhism existing in Sri Lanka.
Today there is no Hinayana sect in existence anywhere in the world.
Therefore, in 1950 the World Fellowship of Buddhists inaugurated in Colombo unanimously decided that the term Hinayana should be dropped when referring to Buddhism existing today in Sri Lanka, Thailand, Burma, Cambodia, Laos, etc.http://www.urbandharma.org/udharma3/theramaya.html