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Racconigi Bargain
On
24 October
1909
King
Victor Emmanuel III of Italy
and
Nicholas II
of
Russian Empire
concluded a
secret agreement
at
Racconigi
, known as the
Racconigi
Bargain
.
It stated 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 Russian
interests
in the
Turkish Straits
should be controlled by Russia while
in return
Russia recognizes
Italian
interests in
Tripoli
and
Cyrenaica
.