Reciprocal relationship between politics and economics : The renewal of the 1926 treaty of Tirana
Part of : Balkan studies : biannual publication of the Institute for Balkan Studies ; Vol.37, No.2, 1996, pages 309-330
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309-330
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The Treaty of Friendship and Mutual Co-operation signed by Italy andAlbania at Tirana on November 27, 1926, marked Italy’s first decisive steptowards fulfilling an old foreign policy ambition: political control over Albania;it also marked the dawn of a new era in italian-Albanian relations, for itremoved all obstacles to a much broader Italian involvement in Albania’sdomestic affairs.Given the importance of the 1926 Treaty for Italy’s policy, it was to beexpected that Italian diplomacy would do everything possible to ensure that itwas renewed, even before it officially expired in November 1931. The coincidenceof the question of the renewal or non-renewal of the 1926 Treaty withthat of granting a new loan to Albania made for a conjunction of circumstanceswhich was favourable to the Italians and which they could exploit in such away as to ensure that both worked out to their advantage.
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