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COMECON

File:Flag_of_Comecon.svg · Wikimedia Commons · See Wikimedia Commons

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Also known as Council for Mutual Economic Assistance, CMEA, CEMA, CAME

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.

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.

AI-generated from the Wikipedia summary — may contain errors.

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
Geopolitical organization.membership_type
Member states
Geopolitical organization.languages_type
Official languages
Geopolitical organization.life_span
1949–1991
Geopolitical organization.event_start
Organization established
Geopolitical organization.year_start
1949
Geopolitical organization.date_start
25 January
Geopolitical organization.event_end
Dissolution of Comecon

via Wikipedia infobox

Wikidata facts

Image
WiezowiecRWPGwMoskwie.jpg
Show 4 more facts
dissolved, abolished or demolished date
1991-06-28
Commons gallery
Comecon
Commons category
Comecon
inception
1949-01-25
Sources (3)

via Wikidata · CC0

~48 min read

Article

27 sections
Contents
  • 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.

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