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Comecon

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COMECON: see Council for Mutual Economic Assistance Council for Mutual Economic Assistance (COMECON or MEA), international organization active between 1956 and 1991 for the coordination of economic policy among certain nations then under Communist domination, including Albania (which did not participate after 1961),
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Council for Mutual Economic Assistance

 or Comecon

Organization founded in 1949 to facilitate and coordinate the economic development of Soviet-bloc countries. Its original members were the Soviet Union, Bulgaria, Czechoslovakia, Hungary, Poland, and Romania; other members joined later, including Albania (1949) and the German Democratic Republic (1950). Its accomplishments included the organization of Eastern Europe's railroad grid, the creation of the International Bank for Economic Cooperation, and the construction of the “Friendship” oil pipeline. After the political upheavals in Eastern Europe in the late 1980s, it largely lost its purpose and power. In 1991 it was renamed the Organization for International Economic Cooperation.


Comecon
(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


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Division Three leaders Comecon suffered a 3-0 defeat at the hands of Halfway Prenton as Danny Edwards netted a great hat-trick.
The League backed a suggestion from Chris Clarke of Division Two's Comecon FC to hold a minute's silence prior to kick-off in remembrance of the victims of Hillsborough.
The Mission, Lower Rudyerd Street, North Shields, has been a base for social enterprises (employee- owned and run businesses) for a number of years, but its future hung in the balance after previous owners Comecon went into voluntary liquidation.
 
 
 
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