As the immediate important task, the Council was authorised to draw up treaties of peace with Italy, Romania, Bulgaria, Hungary and Finland, and to propose settlements of territorial questions outstanding on the termination of the war in Europe.
The Moscow conference was more productive; it agreed to the preparation of peace treaties with Italy, Romania, Bulgaria, Hungary and Finland; the creation of an eleven–member Far Eastern Commission and a four–member Allied Council for Japan.
It also agreed to the establishment by the United Nations of a commission for the control of atomic energy, as well as a number of other lesser issues brought about by the end of World War II.
In 1947 the ministers met twice first in Moscow, in the Spring, and again in the Autumn in London, but by this time the Cold War was gathering pace and they failed to agree on a peace treaty for Germany and Austria.
That meeting also produced the Basic Treaty (effective June 1973) which recognised two German states, and the two countries pledged to respect one another's sovereignty.