COMECON
Sign in to saveThe Council for Mutual Economic Assistance, often abbreviated as Comecon ( ) or CMEA, was an economic organization from 1949 to 1991 under the leadership of the Soviet Union that comprised the countries of the Eastern Bloc along with a number of communist states elsewhere in the world.
AI overview
COMECON was an economic organization led by the Soviet Union from 1949 to 1991 that brought together Eastern Bloc countries and other communist nations to coordinate their economies. It mattered because it was the Soviet-led counterpart to Western economic alliances, shaping trade and economic ties among communist countries during the Cold War.
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Key facts
- Geopolitical organization.common_name
- Comecon
- Geopolitical organization.era
- Cold War
- Geopolitical organization.image_flag2
- Flag of Comecon.svg
- Geopolitical organization.image_coat
- Logo of Comecon.svg
- Geopolitical organization.symbol_type
- Logo
- Geopolitical organization.image_map
- Comecon.svg
- Geopolitical organization.image_map_caption
- Map of Comecon member states as of November 1986 Comecon as of November 1986:
- Geopolitical organization.image_map_size
- 220px
- Geopolitical organization.admin_center_type
- Headquarters
- Geopolitical organization.admin_center
- Moscow, Soviet Union
- Geopolitical organization.org_type
- Economic union
Article
27 sectionsContents
- History
- Foundation
- Nikita Khrushchev era
- Leonid Brezhnev era
- Perestroika
- Post-Cold War activity after Comecon
- Membership
- Full members
- Associate status
- Observer status
- Exchange
- Oil transfers
- Ineffective production
- Structure
- The Session
- Executive committee
- Other entities
- Affiliated agencies
- Nature of operation
- Comecon versus the European Economic Community
- Prices, exchange rates, coordination of national plans
- International relations within the Comecon
- See also
- Notes
- References
- Bibliography
- External links
The Council for Mutual Economic Assistance, often abbreviated as Comecon ( ) or CMEA, was an economic organization from 1949 to 1991 under the leadership of the Soviet Union that comprised the countries of the Eastern Bloc along with a number of communist states elsewhere in the world.
The descriptive term was often applied to all multilateral activities involving members of the organization, rather than being restricted to the direct functions of Comecon and its organs. This usage was sometimes extended as well to bilateral relations among members because in the system of communist international economic relations, multilateral accords—typically of a general nature—tended to be implemented through a set of more detailed, bilateral agreements.
Gallery (16)
Connections
Categories
1949 establishments in the Soviet Union1991 disestablishments in Hungary20th century in Albania20th century in VietnamCold War organizationsComeconEastern BlocEconomy of CzechoslovakiaEconomy of East GermanyForeign relations of CubaForeign relations of CzechoslovakiaForeign relations of East Germany