Treaty of Peace with Italy, 1947 Treaty of Peace with Italy, 1947 The Treaty of Peace with Italy (one of the Paris Peace Treaties) was signed on 10 February 1947 between Italy and the victorious powers of World War II, formally ending hostilities. It came into general effect on 15 September 1947. Italy Counterpart: Italian Somaliland was under British administration until 1949 when it became a United Nations Trust Territory under Italian administration. Italian Somaliland combined with British Somaliland on 1 July 1960 and together they became the Somali Republic. Italy was obliged to pay the following war reparations (article 74): The amounts were valued in
U.S.–Hungarian Peace Treaty (1921) U.S.–Hungarian Peace Treaty (1921) The U.S.–Hungarian Peace Treaty is a peace treaty between the United States and the Kingdom of Hungary, signed in Budapest on August 29, 1921, in the aftermath of the First World War. This separate peace treaty was required because the United States Senate refused to ratify the multilateral Treaty of Trianon. Ratifications were exchanged in Budapest on December 17, 1921, and the treaty became effective on the same day. The treaty was registered in "League of Nations Treaty Series" on May 8, 1926. During the First World War, Hungary - which formed part of the nucleus