Comecon

Part of Speech: noun

Sense: the abbreviation for Council for Mutual Economic Assistance

Usage:

• refers to an economic organization of communist countries initiated by the Soviet Union in 1949
• used to describe the economic cooperation between several Eastern European countries during the Cold War era

Sample Sentences:

1. The establishment of Comecon aimed to promote economic integration among the member states.
2. Comecon provided financial assistance and trade agreements within its member countries.
3. The dissolution of Comecon in 1991 marked the end of its economic cooperation efforts.

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