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The article deals with the phenomenon of industrial policy coordination by the exampleof CMEA. The analysis of historical experience of coordination of industrial policy of theCMEA member countries allowed to determine the essence of this phenomenon, which is expressed in voluntary interstate coordination of cooperation of the member countries of the integration association in the field of industrial policy aimed at making full use of the advantages of international division and cooperation of labor, in order to reduce uncertainty in the system of international cooperation. It is revealed that the institute of coordination of industrial policy of the CMEA member countries has become an effective way to expand industrial cooperation of their business entities and the mechanism of their interstate interaction.

THE PRACTICE OF COORDINATION OF INDUSTRIAL POLICY OF MEMBER COUNTRIES OF THE CMEA (INSTITUTIONAL ASPECTS)