LIBERIA.
Germany renounces all rights under international arrangements of 1911 and 1912, regarding Liberia. All commercial treaties and agreements between herself and Liberia are abrogated and she recognizes Liberia's right to determine the status and condition of the reestablishment of Germans in Liberia.
Germany renounces all her rights, titles, etc., under the act of Algeciras and French-German conventions of 1909 and 1911, and all arrangements with the Sherifian Empire. She undertakes not to interfere in any negotiations as to Morocco between France and other powers, accepts the French protectorate and renounces the capitulations. The Sherifian Government shall have complete liberty of action over German nationals. All German property may be sold and the proceeds deducted from the reparation account.
EGYPT.
Germany recognizes the British Protectorate over Egypt and renounces the capitulations and all treaties, etc., concluded by her with Egypt. She undertakes not to intervene in any negotiations between Great Britain and other powers. She consents to the transfer to Great Britain of the powers given to the late Sultan of Turkey for securing the free navigation of the Suez Canal. German nationals will be dealt with as in Morocco. Anglo-Egyptian goods entering Germany shall enjoy the same treatment as British goods.
Germany accepts all arrangements which the Allied and Associated Powers make with Turkey and Bulgaria.
SHANTUNG.
Germany cedes to Japan all rights, etc., notably as to Kiauchau and the railroads, mines, and cables acquired by her treaty with China of 1907 and agreements as to Shantung. All German rights to the railroad from Tsingtau to Tsinan-fu, including mining rights, pass equally to Japan, and the cables from Tsingtau to Shanghai and Che-foo free of all charges.