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
1972 in the Vietnam War terms of the draft peace agreement and accused the United States of negotiating in bad faith. In Washington, despite the opposition of South Vietnam to the draft peace agreement and the charges by North Vietnam that the U.S. was negotiating in bad faith, National Security Adviser Kissinger declared "peace was at hand" in Vietnam. President Nixon of the United States won reelection with 60.7 percent of the vote. In an attempt to overcome President Thieu's objection to the draft peace agreement, President Nixon wrote him that "You have my absolute assurance that if Hanoi fails to abide by the terms