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
Peace Treaty on Korean Peninsula Peace Treaty on Korean Peninsula The Peace Treaty on Korean Peninsula is a proposed settlement to end all military hostilities on the Korean Peninsula and a follow-up to the 1953 Korean Armistice Agreement, which was implemented by the United Nations after the Korean War 1950–53. Before the Trump–Kim summit, US president Donald Trump announced that he would finally end the Korean War and establish a permanent peace on the Korean Peninsula. Donald Trump and Kim Jong-un also signed the during Trump–Kim summit which reaffirmed the April 27, 2018 Panmunjom Declaration. During Inter-Korean summit on April 2018, Kim Jong-un and Moon