The Treaty of Bucharest (1947) was a peace agreement signed on December 30, 1947, between the Allied powers and Romania after World War II. It aimed to formalize the end of hostilities and establish Romania's post-war borders. The treaty required Romania to cede territories to the Soviet Union and recognize the new political realities in Eastern Europe. Additionally, the treaty imposed reparations on Romania and mandated political and economic reforms. It marked Romania's transition into the Soviet sphere of influence, aligning it with other Eastern Bloc countries during the early Cold War period.