COMECON (noun) Definition, Meaning & Examples

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noun
  1. an economic association of Communist countries, established in 1949, to facilitate trade and development.
noun
  1. (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
COMECON (noun) Definition, Meaning & Examples

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