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What does COMECON stand for? 

What does COMECON mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: COMECON.

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Council for Mutual Economic Assistance (Dogu Bloku ÜLkeleri Karsilikli Ekonomik Yardim Konseyi)

International » Turkish

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COuncil for Mutual ECONomic Assistance

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come · con

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What does COMECON mean?

The Council for Mutual Economic Assistance (Russian: Сове́т Экономи́ческой Взаимопо́мощи, tr. Sovét Ekonomícheskoy Vzaimopómoshchi, СЭВ; English abbreviation COMECON, CMEA, CEMA, or CAME) 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 socialist 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.Comecon was the Eastern Bloc's response to the formation in Western Europe of the Marshall Plan and the OEEC, which later became the OECD.

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Discuss these COMECON abbreviations with the community:

  • Prince Jha
    Prince Jha
    best it's really best.
    LikeReply 28 years ago
  • Leslie Kamguia
    Leslie Kamguia
    presentez moi le camecon svp
    LikeReply9 years ago

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