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COMECON
Comecon (ˈkɒmɪˌkɒn) n (Economics) (formerly) an association of Soviet-oriented Communist nations, founded in 1949 to coordinate economic development, etc; it was disbanded in 1991 when free-market policies were adopted by its members. Also: CMEA [C20 Co(uncil for) M(utual) Econ(omic Assistance)]COMECON1949 An association of Soviet-dominated nations, originally those of East Europe but later including Mongolia (1962), Cuba (1972), and Vietnam (1978) intended to co-ordinate economic development. Used by Stalin to put pressure on Yugoslavia and to counter growing western economic interdependence.TranslationsComeconenUK
COMECON: see Council for Mutual Economic AssistanceCouncil for Mutual Economic Assistance (COMECON or MEA), international organization active between 1956 and 1991 for the coordination of economic policy among certain nations then under Communist domination, including Albania (which did not participate after 1961), Bulgaria, ..... Click the link for more information. .Comecon (formerly) an association of Soviet-oriented Communist nations, founded in 1949 to coordinate economic development, etc.; it was disbanded in 1991 when free-market policies were adopted by its members COMECON
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COMECON➣Council for Mutual Economic Assistance |
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