Co(uncil for) M(utual) Econ(omic Assistance)
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Gorbachev also hinted that he would like to see direct relations, presumably to facilitate commerce, between the European Community and COMECON, the East bloc trading group.
From Time Magazine Archive
The agency driving to build this unheralded rival to Western Europe's powerful six-nation Common Market is the Council for Mutual Economic Assistance, or COMECON.
From Time Magazine Archive
In June, as the last Chinese aid technicians went home, Hanoi yielded to longstanding Soviet blandishments and formally jumped into Moscow's economic orbit as a member of the Communist trade alliance, COMECON.
From Time Magazine Archive
Hanoi first joined COMECON, the Soviet-bloc economic organization, then signed a 25-year treaty of friendship and cooperation with Moscow in November.
From Time Magazine Archive
Despite the military and political uncertainties brought about by Romania's independent stance in the Warsaw Pact and COMECON, the country has enjoyed a rapid economic growth rate.
From Area Handbook for Romania by Bernier, Donald W.
Despite its new homage to Moscow-style Marxism, Belgrade is not expected to join the Warsaw Pact or seek active membership in Comecon, Eastern Europe's common market.
From Time Magazine Archive
The West's economic slowdown shrank markets for goods from the Comecon countries.
From Time Magazine Archive
Like its trade with the former Comecon countries of Eastern Europe, Moscow's deals with Havana are now on a hard- currency basis at prevailing world prices.
From Time Magazine Archive
A. As you know, Hungary is a member of the Warsaw Pact and Comecon, groups of independent socialist countries.
From Time Magazine Archive
Soon the Soviets will have to restrict oil sales and greatly increase the preferential prices that they charge to their Comecon partners.
From Time Magazine Archive
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Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
