The Football Association also says it will strive for at least 10% of referees and level one coaches coming from ethnic minority backgrounds.
Players and coaches arriving from abroad will have to undergo mandatory induction lessons to ensure they are aware of the "British cultural environment".
The plan, which will now be submitted to the Government, follows a Downing Street summit called in February after the Luis Suarez and John Terry racial abuse cases.
It has been agreed by the FA, Premier League, Football League, Professional Footballers' Association (PFA) and League Managers' Association (LMA).
FA chairman David Bernstein said: "This is a commitment on behalf of English football to ensure the game is inclusive and free of discrimination. Only by the sum of all our parts working together, will we affect further and greater change.
"This continues to be a top priority for me, as chairman of the Football Association, and I believe this action plan states our collective commitment and lays out clearly the individual actions to move forward this vital agenda."
Watch: FA launches anti-discrimination plan... More Videos