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COMECON

American  
[kom-i-kon] / ˈkɒm ɪˌkɒn /
Or Comecon

noun

  1. an economic association of Communist countries, established in 1949, to facilitate trade and development.

Comecon British  
/ ˈkɒmɪˌkɒn /

noun

  1. Also: CMEA.  (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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of COMECON

Co(uncil for) M(utual) Econ(omic Assistance)

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.