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
Treaty of Ryswick Treaty of Ryswick The Treaty or Peace of Ryswick, also known as The Peace of Rijswijk was a series of agreements signed in the Dutch city of Rijswijk between 20 September and 30 October 1697, ending the 1689-97 Nine Years War between France and the Grand Alliance of England, Spain, the Holy Roman Empire and the Dutch Republic. The Nine Years War had been financially crippling for its participants, primarily because armies increased in size from an average of 25,000 in 1648 to over 100,000 by 1697. This was unsustainable for pre-industrial economies; military spending in this period absorbed 80%