The Racconigi Bargain (Italian: ', Russian: ', also known in Russia as the Russo-Italian Agreement, ') was a secret agreement between King Victor Emmanuel III of Italy and Tsar Nicholas II of the Russian Empire, concluded on 24 October 1909 at the Castle of Racconigi, in Italy.
Its terms included:
From Italy's point of view, the Racconigi Bargain facilitated Italy's preparations for the Italo-Turkish War two years later during which Italy conquered Tripoli and Cyrenaica.