Budapest later, with the help of the Russian Empire. 1867 was the year of Reconciliation that brought about the birth of Austria-Hungary. This made Budapest the twin capital of a dual monarchy. It was this compromise which opened the second great phase of development in the history of Budapest, lasting until World War I. In 1849 the Chain Bridge linking Buda with Pest was opened as the first permanent bridge across the Danube and in 1873 Buda and Pest were officially merged with the third part, Óbuda (Old Buda), thus creating the new metropolis of Budapest. The dynamic Pest grew into
Budapest Treaty Budapest Treaty The Budapest Treaty on the International Recognition of the Deposit of Microorganisms for the Purposes of Patent Procedure, or Budapest Treaty, is an international treaty signed in Budapest, Hungary, on April 28, 1977. It entered into force on August 9, 1980, and was later amended on September 26, 1980. The treaty is administered by the World Intellectual Property Organization (WIPO). As of July 2016, 80 countries are party to the Budapest Treaty. The accession to the Treaty is open to States party to the Paris Convention for the Protection of Industrial Property of 1883. The African Regional Industrial