Even after discounting the Comecon
decline, the Asia/Pacific region has provided over half the growth in total world energy consumption in the past decade and over two-thirds of world oil demand growth.
But the high-growth Mongolian economy was amalgamated to the economies of the COMECON
and was totally unprepared for the abrupt destruction of it.
Those products of the heavy industry and machine industry which were characteristic of COMECON
trade have given way to more consumer-oriented products both for exports and internal use.
"Trading in COMECON
," one insider observed, "is like selling a dead dog in return for two dead cats." Economic reformers within the Soviet Union want to sell Soviet gas and mineral ores for western hard currency.
In the social reality of the European COMECON
countries, however, transition can only be achieved in stages.
This is somewhat perplexing, but the answer may lie in the fact that Hungary's ruble-dominated trade surplus with the Soviets would turn overnight into a $1.5 billion deficit if it had to pay for oil and gas with hard currency rather than through COMECON
's system of transfer rubles .
is very cognizant of the pending implications of 1992, when EEC states are to begin tearing down the walls of trade protectionism among themselves by eliminating tariffs.
However, Cuba is not ossified in the way that some Comecon
In the Championship, Comecon
carried on their fantastic start the season by beating School of Science 16-8, recording their fourth win from four.
"It's no secret that more than 20 years after the breakup of the COMECON
and the transition of our economies towards market principles, many Russians still have good memories of quality Bulgarian goods," His Excellency said Saturday, as quoted by Focus.
Division One leaders Wellington FC, stretched their lead at the top as Jamie Breeze hit a hat-trick and Kieran Delaney added another, in a 4-0 win against Comecon
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.