Council For Mutual Economic Assistance

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Legal English Vocabulary: Council for Mutual Economic Assistance in Spanish

Online translation of the English legal term council for mutual economic assistance into Spanish: Consejo de Ayuda Mutua Económica (English to Spanish translation) . More about legal dictionary from english to spanish online.

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Council for Mutual Economic Assistance in Global Commerce Policy

In this regard, a definition of this issue is as follows: usually known as Comecon. The entries on trade policy are here. Established in January 1949 with Bulgaria, Czechoslovakia, Hungary, Poland, Romania and the Soviet Union as members. They were joined later by Cuba, the German Democratic Republic, Mongolia and Vietnam. The entries on trade policy are here. Albania was a member between 1949 and 1961. Yugoslavia was an associate member. The purpose of the Comecon was to facilitate the planned economic development of member country economies, acceleration of economic and technical progress, a rise in the level of industrialization in countries with less developed industries, uninterrupted growth of labour productivity, and a steady advance in the welfare of each member’s people. The Comecon was dissolved in February 1991. See also economies in transition.[1]

Council for Mutual Economic Assistancein the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

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Notes and References

1. Dictionary of Trade Policy, “Council for Mutual Economic Assistance” entry (OAS)

See Also

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See Also

• International Organization
• Foreign Relations
• Intergovernmental Organization
• Regional Organization
• Regional Integration