EVENT INFORMATION

25
January
1949

The Council for Mutual Economic Assistance is established

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📅 25 January 1949 📍 Soviet Union

The Soviet Union and allied governments created Comecon to coordinate economic relations in the emerging Eastern Bloc. It offered a framework for trade and planning but also reinforced Moscow’s leadership over the region’s economic choices.

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People in this event

Joseph Stalin

Organizations in this Event

Comecon

USSR

Eastern European governments