After a series of verbal skirmishes and bargaining of interests, on June 16, 1905, countries around the world signed the "Vienna Convention" in Vienna, thus drawing a satisfactory full stop to the World War.
In general, the terms of the treaty were generous to most countries. Even for the defeated nations, the stipulations were not overly harsh.
The countries that had previously defected from the war and joined the Continental Alliance were reluctantly considered members and were no longer held accountable for their wartime responsibilities.
The ones held truly accountable were only the three nations: United Kingdom, Japan, and United States. The Great Britain Empire suffered the worst fate, having paid a hefty price as the main force in the World War.
The treaty terms are as follows:
1. The defeated nations (UK, Japan, US) admit defeat and take full responsibility for the World War;
2. Cede all their colonies to the Continental Alliance;