The Treaty of Peace with Italy is a treaty signed on February 10, 1947 between Italy and the victorious powers of the World War II, formally ending the hostilities.

The provisions of the treaty included:

Trieste and surrounding area were incorporated into a new independent state called the Free Territory of Trieste, which was later divided between Yugoslavia and Italy in 1954.

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

Full text at http://www.istrianet.org/istria/history/1947-treaty-italy.htm.