Racconigi Bargain

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On 24 October 1909 King Victor Emmanuel III of Italy and Nicholas II of Russian Empire concluded an agreement at Racconigi, known as the Racconigi Bargain.

It states that:

  • If Russia or Italy are to conclude agreements concerning Eastern Europe with another Power in future, the other party of this agreement must also participate in such new agreement.
  • Italy recognizes the Bosphorus should be controlled by Russia while in return Russia recognizes Italian interests in Tripoli and Cyrenaica.


  • The Racconigi Bargain
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