COMECON

COMECON

[kom-i-kon]
noun
an economic association of Communist countries, established in 1949, to facilitate trade and development.
Also, Comecon.
Compare Common Market.


Origin:
Co(uncil for) M(utual) Econ(omic Assistance)

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World English Dictionary
Comecon (ˈkɒmɪˌkɒn)
 
n
Also: CMEA (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
 
[C20 Co(uncil for) M(utual) Econ(omic Assistance)]

Collins English Dictionary - Complete & Unabridged 10th Edition
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American Heritage
Abbreviations & Acronyms
COMECON
Council for Mutual Economic Assistance
The American Heritage® Abbreviations Dictionary, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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