Council for Mutual Economic Assistance (CEMA)

What is Council for Mutual Economic Assistance (CEMA)?

Council for Mutual Economic Assistance (CEMA) meaning

note – also known as CMEA or Comecon

 

established 25 January 1949 to promote the development of socialist economies and abolished 1 January 1991; members included Afghanistan (observer), Albania (had not participated since 1961 break with USSR), Angola (observer), Bulgaria, Cuba, Czechoslovakia, Ethiopia (observer), GDR, Hungary, Laos (observer), Mongolia, Mozambique (observer), Nicaragua (observer), Poland, Romania, USSR, Vietnam, Yemen (observer), Yugoslavia (associate)

 

 

reference: The World Factbook 2017. Washington, DC: Central Intelligence Agency, 2017. https://www.cia.gov/library/publications/the-world-factbook/index.html