1 Jan 1948 Jahr - USSR announced "Council for Mutual Economic Assistance", or CMEA / Comecon
Beschreibung:
The Comecon was an economic and commercial organization between the socialist states.
It was a reaction to the Marshall Plan, as well as the Truman Doctrine, and agreed on mutual assistance between the states.
The region's trade was strictly bilateral on a country-to-country basis. This limited volume & effects of this agreement.
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