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
Soviet Middle Eastern foreign policy during the Cold War Israelis and ending the nuclear-arms race. Nixon also became a key player in Middle East peace talks, ignoring Dwight D. Eisenhower's non-interventionism and hoping that his reputation for ending the Vietnam War, brokering the first nuclear-arms treaty and opening China to American trade would overshadow the Watergate scandal. The Arab-Israeli peace process was complex during the Soviet era. Although the Soviets were reluctant to join the American-backed peace movement (since they wanted a divided West), the cost of the arms race was beginning to bankrupt the Soviet Union. Strained relations among the parties stalled the initial negotiations, exacerbated by American-North