Genoa Conference, 1922, an international conference the purpose of which was to establish commercial and diplomatic relations with the Communist regime in Russia. All the European nations and the self-governing British dominions—a total of 34 nations—were present. The United States declined to participate officially.
The conference was a total failure. Russia was asked to pay war debts of the Czarist regime and to restore confiscated foreign property. Instead, Russia presented counterclaims and asked for a large loan. Moreover, Russia and Germany signed a treaty at Rapallo that aroused fear and suspicion among the other European nations. ( [Treaty of 1922].)