Boris Yeltsin addressing the crowd from atop a tank during the 1991 coup attempt, symbolizing resistance against hard-line communists.
Boris Yeltsin addressing the crowd from atop a tank during the 1991 coup attempt, symbolizing resistance against hard-line communists.

Why Did The Soviet Union Collapse? Unveiling The Key Reasons

In search of clarity on the Soviet Union’s dissolution? WHY.EDU.VN offers a comprehensive analysis of the multifaceted reasons behind this pivotal event. This article explores the political, economic, and social factors that contributed to the collapse of the USSR, providing insights into Gorbachev’s reforms, nationalist movements, and the impact of the Cold War. Uncover the complex dynamics of Soviet disintegration with detailed explanations and expert perspectives, focusing on geopolitical shifts, economic downfall, and political restructuring.

1. What Were The Primary Political Factors That Led To The Soviet Union’s Collapse?

The Soviet Union’s collapse was significantly influenced by political factors such as the weakening of the Communist Party’s control, the rise of nationalism in various republics, and Mikhail Gorbachev’s reform policies of Glasnost (openness) and Perestroika (restructuring). These factors collectively undermined the centralized authority of the Soviet state, paving the way for its eventual dissolution.

Expanding on this, the erosion of the Communist Party’s dominance was a gradual process accelerated by Gorbachev’s reforms. Glasnost allowed for greater freedom of expression and criticism of the government, which exposed deep-seated issues within the Soviet system. Perestroika, aimed at decentralizing the economy, inadvertently weakened central planning and created economic instability. The rise of nationalist sentiments in republics such as Ukraine, Belarus, and the Baltic states further fragmented the Soviet Union, as these regions sought greater autonomy and, ultimately, independence.

1.1 How Did Glasnost And Perestroika Contribute To Political Instability?

Glasnost and Perestroika, while intended to revitalize the Soviet Union, instead exposed and exacerbated its inherent weaknesses. Glasnost led to the unearthing of historical grievances and criticisms of the Communist regime, eroding public trust. Perestroika, by decentralizing economic control, disrupted established supply chains and led to widespread shortages, fueling public discontent.

Reform Intended Effect Actual Effect
Glasnost Greater openness and transparency Erosion of public trust and exposure of government failings
Perestroika Economic restructuring and decentralization Economic instability, shortages, and weakened central control

1.2 What Role Did Nationalism Play In The Dissolution Of The USSR?

Nationalism was a potent force in the Soviet Union’s breakup, with various republics seeking independence amid the weakening of central control. The Baltic states (Lithuania, Latvia, and Estonia) were among the first to declare independence, followed by other republics like Ukraine and Belarus. These movements were driven by a desire for self-determination and resentment towards Moscow’s dominance.

The rise of nationalist movements underscored the failure of the Soviet Union to create a unified identity among its diverse population. As Moscow’s grip weakened, these republics seized the opportunity to assert their sovereignty, leading to the fragmentation of the Soviet state.

1.3 How Did The Attempted Coup Of 1991 Hasten The Collapse?

The attempted coup in August 1991 by hard-line communists against Gorbachev further destabilized the Soviet Union. Although the coup failed, it exposed the fragility of the Soviet government and emboldened republics to declare independence. Boris Yeltsin’s role in resisting the coup enhanced his prestige and authority, ultimately leading to the formal dissolution of the Soviet Union on December 26, 1991.

The coup attempt revealed deep divisions within the Soviet leadership and demonstrated the extent to which the Communist Party had lost legitimacy. It served as a catalyst for the final push towards independence by the remaining republics, effectively ending the Soviet Union’s existence.

2. What Economic Factors Contributed To The Soviet Union’s Demise?

Economic factors played a critical role in the Soviet Union’s collapse. These included systemic inefficiencies in the centrally planned economy, a lack of innovation, and an inability to compete with Western economies. Additionally, the economic burden of the arms race and the Chernobyl disaster strained the Soviet economy, contributing to its eventual downfall.

The centrally planned economy, while capable of achieving certain industrial milestones, was fundamentally inefficient. It stifled innovation and failed to adapt to changing consumer demands. The arms race with the United States placed a significant burden on the Soviet economy, diverting resources away from consumer goods and infrastructure. The Chernobyl disaster in 1986 further exposed the system’s weaknesses and necessitated costly cleanup efforts.

2.1 How Did The Centrally Planned Economy Lead To Inefficiencies?

The centrally planned economy, characterized by state control over production and distribution, suffered from several inherent inefficiencies. Lack of competition, bureaucratic red tape, and an inability to accurately gauge consumer demand led to misallocation of resources, shortages, and low-quality goods. This system stifled innovation and hindered economic growth.

The absence of market signals meant that production was often driven by quotas rather than actual demand, resulting in surpluses of unwanted goods and shortages of essential items. The bureaucratic nature of the planning process further slowed down decision-making and made it difficult to respond to changing economic conditions.

2.2 What Was The Impact Of The Arms Race On The Soviet Economy?

The arms race with the United States placed an enormous strain on the Soviet economy. A significant portion of the nation’s resources was diverted to military production, at the expense of consumer goods, infrastructure, and other essential sectors. This militarization of the economy exacerbated existing economic problems and contributed to widespread discontent.

According to research from the Stockholm International Peace Research Institute (SIPRI), military expenditure accounted for approximately 15-17% of the Soviet Union’s GDP in the 1980s, a level unsustainable in the long term. This diversion of resources not only hindered economic development but also deprived the population of basic necessities.

2.3 How Did The Chernobyl Disaster Expose Economic Weaknesses?

The Chernobyl disaster in 1986 exposed significant weaknesses in the Soviet economic and technological infrastructure. The accident revealed a lack of safety protocols, inadequate emergency response systems, and a general disregard for environmental concerns. The disaster also necessitated costly cleanup efforts and had long-term health and economic consequences.

The economic impact of Chernobyl was substantial, with billions of rubles spent on decontamination, resettlement of affected populations, and healthcare. The disaster highlighted the Soviet Union’s inability to effectively manage complex technological systems and respond to large-scale crises.

3. What Social Factors Played A Role In The Soviet Union’s Disintegration?

Social factors, including growing public discontent, ethnic tensions, and a decline in living standards, significantly contributed to the Soviet Union’s disintegration. These issues eroded public support for the Soviet system and fueled demands for greater autonomy and independence.

Public discontent stemmed from a combination of economic hardships, political repression, and a lack of individual freedoms. Ethnic tensions, long suppressed by the Soviet state, resurfaced as central control weakened. A decline in living standards, characterized by shortages of basic goods and a widening gap between the elite and the general population, further exacerbated these social issues.

3.1 How Did Declining Living Standards Fuel Discontent?

Declining living standards were a major source of public discontent in the Soviet Union during the 1980s. Shortages of basic goods, long queues, and a lack of consumer choice created widespread frustration. The perception that the ruling elite enjoyed a privileged lifestyle while the majority of the population struggled to make ends meet fueled resentment and undermined the legitimacy of the Soviet system.

Data from the late Soviet period indicates a stagnation and even decline in real incomes for many segments of the population. This economic hardship, coupled with a lack of political freedoms, created a volatile social environment ripe for unrest and change.

3.2 What Was The Impact Of Ethnic Tensions On The Soviet Union?

Ethnic tensions were a persistent challenge for the Soviet Union, a multi-ethnic state comprising numerous distinct national groups. While the Soviet government attempted to foster a sense of shared identity, underlying ethnic grievances and rivalries remained. As central control weakened, these tensions resurfaced, leading to conflicts in regions such as the Caucasus and Central Asia.

The rise of nationalist movements in various republics was often intertwined with ethnic tensions. In some cases, these tensions led to violent clashes and contributed to the overall instability of the Soviet Union.

3.3 How Did The Lack Of Individual Freedoms Contribute To Social Unrest?

The lack of individual freedoms, including freedom of speech, assembly, and religion, contributed to social unrest in the Soviet Union. The repressive nature of the Soviet regime stifled dissent and prevented open expression of grievances. As Gorbachev’s Glasnost policy relaxed these restrictions, pent-up frustrations were unleashed, leading to increased demands for political and social change.

The absence of basic human rights and civil liberties created a climate of fear and resentment. As opportunities for greater freedom emerged, the desire for self-determination and democratic governance grew stronger, ultimately contributing to the collapse of the Soviet Union.

4. What Role Did External Factors Play In The Soviet Union’s Demise?

External factors, particularly the Cold War and the influence of Western ideas and culture, played a significant role in the Soviet Union’s demise. The economic and ideological competition with the West exposed the weaknesses of the Soviet system and fueled demands for reform.

The Cold War placed immense pressure on the Soviet Union, both economically and ideologically. The economic competition with the United States and other Western powers highlighted the Soviet Union’s economic shortcomings. The spread of Western ideas and culture, facilitated by increased communication and exchange, challenged the ideological foundations of the Soviet regime.

4.1 How Did The Cold War Expose The Weaknesses Of The Soviet System?

The Cold War served as a constant reminder of the Soviet Union’s economic and technological inferiority compared to the West. The arms race, while consuming vast resources, failed to provide the Soviet Union with a decisive advantage. The economic competition between the two superpowers exposed the inefficiencies of the Soviet planned economy and the superior productivity of Western market economies.

The Cold War also highlighted the ideological differences between the Soviet Union and the West. The appeal of Western values such as democracy, individual freedom, and consumerism eroded support for the Soviet system, particularly among younger generations.

4.2 What Was The Influence Of Western Ideas And Culture?

Western ideas and culture, disseminated through various channels, exerted a significant influence on Soviet society. Exposure to Western music, films, literature, and fashion challenged the Soviet Union’s ideological control and promoted a desire for greater openness and freedom.

The spread of Western ideas was facilitated by increased international travel, the availability of foreign media, and the growing popularity of Western consumer goods. This exposure to alternative ways of life and systems of governance contributed to a growing sense of dissatisfaction with the Soviet system.

4.3 How Did U.S. Policy Under Presidents Reagan And Bush Affect The Soviet Union?

U.S. policy under Presidents Ronald Reagan and George H.W. Bush played a crucial role in the Soviet Union’s collapse. Reagan’s confrontational stance, including the Strategic Defense Initiative (SDI), placed additional pressure on the Soviet economy. Bush’s more nuanced approach, while supporting Gorbachev’s reforms, also recognized the importance of engaging with the emerging republics.

Reagan’s policies, characterized by a strong anti-communist rhetoric and a renewed commitment to military strength, challenged the Soviet Union’s global influence and forced it to compete in an arms race it could not afford. Bush’s policies, while more diplomatic, continued to promote Western values and support democratic reforms within the Soviet Union.

5. What Were Mikhail Gorbachev’s Reform Policies And Their Unintended Consequences?

Mikhail Gorbachev’s reform policies of Glasnost (openness) and Perestroika (restructuring) were intended to revitalize the Soviet Union, but they ultimately contributed to its collapse. While Glasnost aimed to increase transparency and freedom of expression, it also exposed deep-seated problems within the Soviet system. Perestroika, intended to decentralize the economy, led to economic instability and shortages.

Gorbachev’s reforms were driven by a recognition that the Soviet Union was facing serious economic and political challenges. However, his policies were implemented without a clear understanding of their potential consequences. The unintended effects of Glasnost and Perestroika undermined the authority of the Communist Party and fueled demands for greater autonomy and independence.

5.1 What Was The Intended Impact Of Glasnost And Perestroika?

Glasnost was intended to increase transparency and freedom of expression, allowing for open discussion of social and economic problems. Perestroika aimed to decentralize the economy, introduce market mechanisms, and improve efficiency. Gorbachev hoped that these reforms would revitalize the Soviet Union and make it more competitive with the West.

The underlying goal of Gorbachev’s reforms was to modernize the Soviet system while preserving its socialist foundations. However, his policies unleashed forces that he was unable to control, leading to the unraveling of the Soviet Union.

5.2 How Did These Policies Unintentionally Undermine The Soviet System?

Glasnost exposed the failures of the Soviet system, eroding public trust in the government and the Communist Party. The revelations of past atrocities, economic mismanagement, and social inequalities fueled discontent and demands for change. Perestroika, by decentralizing economic control, disrupted established supply chains and led to widespread shortages, further exacerbating public frustration.

The combination of increased openness and economic instability created a volatile political environment. As public discontent grew, nationalist movements gained momentum, and the authority of the central government weakened.

5.3 What Were The Long-Term Consequences Of Gorbachev’s Reforms?

The long-term consequences of Gorbachev’s reforms were the dissolution of the Soviet Union and the emergence of independent states in its former territories. While Gorbachev’s intentions were to reform and strengthen the Soviet Union, his policies ultimately led to its demise.

The collapse of the Soviet Union marked the end of the Cold War and ushered in a new era of international relations. The newly independent states faced numerous challenges, including economic transition, political instability, and ethnic conflicts.

6. What Role Did Individual Leaders Play In The Dissolution Of The Soviet Union?

Individual leaders, particularly Mikhail Gorbachev and Boris Yeltsin, played pivotal roles in the dissolution of the Soviet Union. Gorbachev’s reform policies inadvertently weakened the Soviet system, while Yeltsin’s leadership in resisting the 1991 coup and advocating for Russian sovereignty accelerated its collapse.

Gorbachev’s commitment to reform, while well-intentioned, lacked a clear strategic vision. His inability to manage the unintended consequences of Glasnost and Perestroika created a power vacuum that Yeltsin was able to exploit. Yeltsin’s charisma, his willingness to challenge the Communist Party, and his focus on Russian interests made him a popular figure and a key player in the Soviet Union’s final days.

6.1 How Did Gorbachev’s Leadership Style Influence Events?

Gorbachev’s leadership style, characterized by a willingness to experiment and a belief in dialogue, was both a strength and a weakness. His openness to new ideas and his willingness to engage with the West helped to ease Cold War tensions. However, his indecisiveness and his failure to anticipate the consequences of his reforms contributed to the destabilization of the Soviet Union.

Gorbachev’s leadership style was a departure from the authoritarianism of his predecessors. His efforts to democratize the Soviet system were commendable, but they were ultimately insufficient to prevent its collapse.

6.2 What Was Yeltsin’s Role In The Collapse?

Yeltsin’s role in the collapse of the Soviet Union was crucial. As the leader of Russia, the largest and most powerful republic, he championed the cause of Russian sovereignty and challenged the authority of the central government. His leadership in resisting the 1991 coup solidified his position as a national hero and paved the way for the formal dissolution of the Soviet Union.

Yeltsin’s focus on Russian interests and his willingness to confront Gorbachev and the Communist Party were instrumental in the Soviet Union’s demise. His actions reflected a growing sense of national identity and a desire for greater autonomy among the republics.

6.3 How Did The Relationship Between Gorbachev And Yeltsin Affect The Soviet Union?

The relationship between Gorbachev and Yeltsin was complex and often strained. While both men shared a desire for reform, they differed in their approaches and priorities. Their rivalry and competition for power contributed to the political instability of the Soviet Union and ultimately hastened its collapse.

The tension between Gorbachev and Yeltsin reflected a broader division within Soviet society between those who sought to reform the system and those who sought to dismantle it altogether. Their personal and political differences played a significant role in shaping the final outcome.

7. What Were The Immediate Consequences Of The Soviet Union’s Dissolution?

The immediate consequences of the Soviet Union’s dissolution were far-reaching and transformative. The emergence of 15 independent states, the end of the Cold War, and the shift in the global balance of power marked a new era in international relations.

The newly independent states faced numerous challenges, including economic transition, political instability, and ethnic conflicts. Russia, as the successor state to the Soviet Union, inherited its seat on the United Nations Security Council and a significant portion of its military assets.

7.1 How Did The Dissolution Affect The Newly Independent States?

The newly independent states experienced a period of profound political and economic upheaval. The transition from a centrally planned economy to market-based systems was fraught with difficulties, including inflation, unemployment, and corruption. Many of these states also faced ethnic conflicts and territorial disputes.

Despite these challenges, the dissolution of the Soviet Union provided these states with the opportunity to chart their own course and pursue their own national interests. Some of these states have achieved significant economic progress and have established stable democratic institutions.

7.2 What Was The Impact On Russia?

Russia, as the largest and most powerful of the former Soviet republics, faced its own unique challenges in the aftermath of the Soviet Union’s collapse. The transition to a market economy was difficult and led to a sharp decline in living standards for many Russians. The country also experienced political instability and a decline in its international influence.

However, Russia also benefited from the dissolution of the Soviet Union. It gained control over vast natural resources and inherited a significant portion of the Soviet Union’s military assets. Over time, Russia has reasserted its position as a major global power.

7.3 How Did The End Of The Cold War Change The Global Landscape?

The end of the Cold War marked a fundamental shift in the global landscape. The bipolar world order, dominated by the United States and the Soviet Union, gave way to a more multipolar system. The threat of nuclear war diminished, and new opportunities for international cooperation emerged.

The end of the Cold War also led to the rise of new global challenges, including terrorism, economic inequality, and environmental degradation. The United States emerged as the sole superpower, but it also faced increasing pressure to address these challenges in a complex and interconnected world.

8. What Were The Long-Term Effects Of The Soviet Union’s Collapse?

The long-term effects of the Soviet Union’s collapse continue to shape the world today. The rise of new regional powers, the spread of democracy and market economies, and the ongoing challenges of economic transition and political instability in the former Soviet republics are all legacies of this transformative event.

The collapse of the Soviet Union also had a profound impact on the global balance of power. The United States emerged as the sole superpower, but its dominance has been challenged by the rise of new economic and political centers of influence.

8.1 How Did The Dissolution Affect Eastern Europe?

The dissolution of the Soviet Union had a profound impact on Eastern Europe. The countries of Eastern Europe, long under Soviet influence, were able to pursue their own paths towards democracy and market economies. Many of these countries joined the European Union and NATO, integrating themselves into the Western political and economic system.

The transition in Eastern Europe was not without its challenges. Many of these countries faced economic hardship, political instability, and ethnic tensions. However, the overall trend has been towards greater freedom, prosperity, and integration with the West.

8.2 What Is The Legacy Of The Soviet Union In The Former Republics?

The legacy of the Soviet Union continues to shape the political, economic, and social landscape of the former republics. The Soviet period left a lasting impact on these countries’ institutions, infrastructure, and culture. Some of these countries have embraced their Soviet past, while others have sought to distance themselves from it.

The Soviet legacy is complex and multifaceted. It includes both positive and negative aspects, ranging from industrial development and universal education to political repression and environmental degradation.

8.3 How Has The World Changed Since The Collapse?

The world has changed dramatically since the collapse of the Soviet Union. The end of the Cold War led to a period of increased globalization, economic integration, and technological innovation. The rise of new global challenges, such as terrorism and climate change, has required greater international cooperation.

The world today is more complex and interconnected than ever before. The collapse of the Soviet Union marked a turning point in history, but its long-term effects continue to unfold.

9. Could The Collapse Of The Soviet Union Have Been Prevented?

The question of whether the collapse of the Soviet Union could have been prevented is a subject of ongoing debate among historians and political scientists. Some argue that the Soviet system was fundamentally flawed and that its collapse was inevitable. Others contend that different policies or leadership decisions could have averted the disintegration of the Soviet Union.

Preventing the collapse would have required addressing the underlying economic, political, and social problems that plagued the Soviet Union. This would have necessitated more radical economic reforms, greater political openness, and a more accommodating approach to nationalist aspirations.

9.1 What Alternative Policies Could Have Been Pursued?

Alternative policies that could have been pursued include a more gradual and controlled transition to a market economy, greater emphasis on consumer goods production, and a more inclusive approach to political decision-making. A more decentralized political system, with greater autonomy for the republics, might have also helped to preserve the Soviet Union.

However, implementing these policies would have required a level of political will and foresight that was lacking in the Soviet leadership. The deeply entrenched interests of the Communist Party and the inertia of the Soviet bureaucracy made it difficult to implement meaningful reforms.

9.2 Could A Different Leader Have Saved The Soviet Union?

The question of whether a different leader could have saved the Soviet Union is speculative. It is possible that a leader with a clearer vision, a stronger hand, and a greater ability to manage competing interests could have averted the collapse. However, the challenges facing the Soviet Union were so profound that it is unlikely any single leader could have overcome them.

The structural problems of the Soviet system, the rise of nationalism, and the external pressures of the Cold War created a situation that was extremely difficult to manage. Even a more skilled and decisive leader would have faced formidable obstacles.

9.3 Was The Collapse Inevitable?

The question of whether the collapse of the Soviet Union was inevitable is a matter of historical interpretation. Some historians argue that the Soviet system was inherently unsustainable and that its collapse was simply a matter of time. Others contend that contingent factors, such as leadership decisions and external events, played a crucial role in the Soviet Union’s demise.

Ultimately, the collapse of the Soviet Union was the result of a complex interplay of long-term trends and short-term factors. While it is impossible to say with certainty whether the collapse could have been prevented, it is clear that the Soviet Union faced profound and ultimately insurmountable challenges.

10. What Lessons Can Be Learned From The Collapse Of The Soviet Union?

The collapse of the Soviet Union offers valuable lessons about the importance of economic efficiency, political freedom, and respect for national identity. It also underscores the dangers of authoritarianism, central planning, and suppressing dissent.

The Soviet experience demonstrates that economic systems that stifle innovation and fail to meet consumer needs are ultimately unsustainable. It also shows that political systems that suppress individual freedoms and deny basic human rights are vulnerable to internal unrest and external pressure.

10.1 What Does It Teach Us About Economic Systems?

The collapse of the Soviet Union highlights the importance of market-based economic systems that promote competition, innovation, and consumer choice. It also demonstrates the limitations of centrally planned economies that are unable to adapt to changing economic conditions and meet the needs of their populations.

The Soviet experience underscores the importance of economic incentives, property rights, and free trade in fostering economic growth and prosperity. It also shows that government intervention in the economy should be limited to areas where it can provide clear benefits, such as regulating monopolies and providing public goods.

10.2 What Does It Teach Us About Political Systems?

The collapse of the Soviet Union demonstrates the importance of democratic political systems that protect individual freedoms, promote accountability, and allow for peaceful transitions of power. It also highlights the dangers of authoritarian regimes that suppress dissent and deny basic human rights.

The Soviet experience underscores the importance of checks and balances, the rule of law, and the separation of powers in preventing abuse of power and promoting good governance. It also shows that political systems that are responsive to the needs of their populations are more likely to be stable and sustainable.

10.3 What Does It Teach Us About International Relations?

The collapse of the Soviet Union demonstrates the importance of diplomacy, cooperation, and respect for international law in maintaining peace and security. It also highlights the dangers of ideological conflict, arms races, and great power rivalry.

The Soviet experience underscores the importance of multilateral institutions, international norms, and peaceful resolution of disputes in promoting a stable and prosperous world order. It also shows that cooperation on common challenges, such as climate change and terrorism, is essential for addressing the complex problems facing humanity.

Boris Yeltsin addressing the crowd from atop a tank during the 1991 coup attempt, symbolizing resistance against hard-line communists.Boris Yeltsin addressing the crowd from atop a tank during the 1991 coup attempt, symbolizing resistance against hard-line communists.

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FAQ Section: Understanding the Soviet Union’s Dissolution

Here are some frequently asked questions to further clarify the complex topic of the Soviet Union’s collapse:

Question Answer
1. What was the Soviet Union? The Soviet Union, officially the Union of Soviet Socialist Republics (USSR), was a socialist state that existed from 1922 to 1991, comprising Russia and several other republics.
2. When did the Soviet Union collapse? The Soviet Union formally dissolved on December 26, 1991, following declarations of independence by several of its republics.
3. Who was Mikhail Gorbachev? Mikhail Gorbachev was the last leader of the Soviet Union. His policies of Glasnost (openness) and Perestroika (restructuring) aimed to reform the Soviet system but ultimately contributed to its collapse.
4. Who was Boris Yeltsin? Boris Yeltsin was the first President of Russia. He played a key role in resisting the 1991 coup attempt and advocated for Russian sovereignty, contributing to the dissolution of the Soviet Union.
5. What were the main reasons for the collapse? The main reasons include economic inefficiencies, political instability, the rise of nationalism, the arms race, and the unintended consequences of Gorbachev’s reforms.
6. How did the Cold War contribute? The Cold War placed immense economic and ideological pressure on the Soviet Union, exposing its weaknesses and fueling demands for reform.
7. What was Glasnost? Glasnost was a policy of openness and transparency introduced by Mikhail Gorbachev, allowing for greater freedom of expression and criticism of the government.
8. What was Perestroika? Perestroika was a policy of economic restructuring introduced by Mikhail Gorbachev, aimed at decentralizing the economy and introducing market mechanisms.
9. What happened to the Soviet nuclear arsenal? After the dissolution, the Soviet nuclear arsenal was primarily transferred to Russia, with agreements in place to ensure its safe and secure management.
10. What is the Commonwealth of Independent States (CIS)? The Commonwealth of Independent States (CIS) is a regional organization formed by some of the post-Soviet republics in 1991. It aims to promote cooperation on economic, political, and security issues.

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