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Comecon

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Comecon

Economic organization from 1949 to 1991, linking the USSR with Bulgaria, Czechoslovakia, Hungary, Poland, Romania, East Germany (1950–90), Mongolia (from 1962), Cuba (from 1972), and Vietnam (from 1978), with Yugoslavia as an associated member. Albania also belonged between 1949 and 1961. Its establishment was prompted by the Marshall Plan. Comecon was formally disbanded in June 1991.

It was agreed in 1987 that official relations should be established with the European Community, and a free-market approach to trading was adopted in 1990. In January 1991 it was agreed that Comecon should be effectively disbanded.



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? Mentioned in ? References in periodicals archive
 
In Iran the Russians are constructing one of their VVER models--a pressurized water reactor (PWR) of a type widely used in Russia and exported to Finland and former COMECON countries.
Unlike Dimona, Iran's Bushehr reactor not useful for weapons-grade ... by Stauffer, Thomas R. / Washington Report on Middle East Affairs
The company trades in natural and synthetic latex, natural and synthetic rubbers, including Russian materials and rubber chemicals, concentrating on the markets in Germany, some in Western Europe, former Comecon countries, North America and Far East Asia.
Rubber Products by Rubber World
So far, $14 billion has been invested in the form of direct capital, equity capital investment in the former COMECON countries.
Inside Eastern Europe by Chief Executive (U.S.)
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