On April 10, 1922, the first international economic conference was held in Genoa, Italy, on April 10, 1922, the first international economic conference in world history, known as the "Genoa Conference". This conference was held by the Council of the Afterwar Coalitions of the Victors of the First World War, the British, French and other countries decided to participate because of the October Revolution to return to Soviet Russia because of the use of the seized enterprises and other assets, and invited representatives of the Soviet Union to participate. Also invited the De, Austro-Hungarian, Hungarian, Bulgarian and other losing countries to participate, a total of 29 countries, the United States refused to participate, but sent observers to attend the meeting. At the meeting, the Coalition also refused to accept the sovereign rights of the Soviet Union, so that if the Sovi