EVENT INFORMATION

25
January
1949

Council for Mutual Economic Assistance established

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📅 25 January 1949 📍 Soviet Union

The USSR and several Eastern European governments formed Comecon to coordinate economic policy and trade. The institution organized a Soviet-centered regional economy, while member states retained different needs and degrees of room to maneuver.

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People in this event

Soviet and Eastern European planners

Organizations in this Event

Comecon

USSR

Bulgaria

Czechoslovakia

Hungary

Poland

Romania