Soviet Union Trade Blocs

Trade blocs (pacts) and mutual economic associations of interest are hardly new tactical weapons on the nation-state board of marketing strategies. They have been used across the eons for one or another purpose. Leaders of countries of all types have attempted to execute their own versions of this kind of economic vitality model, even when such cooperation forces them to reach outside of their controlling economic philosophies. This was why, in part, Gorbachev cemented early on in his efforts an alliance between COMECON (the Soviet Union's internal Council for Mutual Economic Assistance) with the early partnership members of what would become the European Union (Foxley, 2010). The Soviet Union was on the verge of losing its state market influence, meaning it had a need to reach more broadly to the global market potentials. In 1991, the European Council Free Trade Associations signed an agreement with COMECON,...
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