Treaty of Peace with Italy, 1947

The Treaty of Peace with Italy was a treaty signed in Paris on February 10, 1947, between Italy and the victorious powers of World War II, formally ending the hostilities. It came into general effect on September 15, 1947.

The provisions of the treaty included:
 * Transfer of the Adriatic islands of Cres, Lošinj, Lastovo and Palagruža; of Istria south of the river Mirna; of the enclave territory of Zadar in Dalmatia; of the city of Rijeka and most of the region known as the Slovenian Littoral to Yugoslavia;
 * Transfer of the Dodecanese islands to Greece;
 * Transfer to France of La Brigue and Tende, and minor revisions of the Franco-Italian border;
 * Recognition of the independence of Albania and transfer to Albania of the island of Saseno;
 * Recognition of the independence of Ethiopia
 * Renouncement of claims to colonies (including Libya, Eritrea and Somaliland);
 * Cancellation of favourable commercial treaties with the Republic of China (including cessation of the Concession in Tientsin held by Italy since September 7, 1901)

Trieste and the surrounding area were incorporated into a new independent state called the Free Territory of Trieste. In 1954, the Free Territory of Trieste ceased to exist and Trieste and the surrounding area was divided between Yugoslavia and Italy. The city of Trieste itself became part of Italy. This division was finalised in 1977 by the Treaty of Osimo.

On December 24, 1951, Libya declared its independence as the United Kingdom of Libya.

After a United Nations plebiscite, Eritrea was federated with Ethiopia as was stipulated on December 2, 1950. Eritrea gained its independence from Ethiopia de facto on May 24, 1991, and de jure on May 24, 1993.

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 July 1, 1960, and together they became the Somali Republic.

A subsequent annex to the treaty provided for the cultural autonomy of the German minority in South Tyrol.