Proposal by the Soviet
Regarding Reparations From Italy and Austria
- Italy and Austria must pay reparations in compensation of those losses which they caused the United Nations by their participation in the war on the side of Germany.
- Reparations shall be paid in the form of immediate removals of equipment from those branches of their economy which are the most important elements of their military potential. Such removals should be concluded during a period of one year.
- The total sum of reparations from Italy shall be established at three hundred million dollars. The Allied Reparations Commission shall define the amount of reparations from Austria.
- Italy shall pay reparations to the Soviet Union, Yugoslavia, Greece and Albania; and Austria to the Soviet Union and Yugoslavia.