The Treaty of Lausanne is a peace treaty negotiated during the Lausanne Conference of 1922–23 and signed in the Palais de Rumine in Lausanne, Switzerland, on 24 July 1923. The treaty officially resolved the conflict that had initially arisen between the Ottoman Empire and the Allied French Republic, British Empire, Kingdom of Italy, Empire of Japan, Kingdom of Greece, Kingdom of Serbia, and the Kingdom of Romania since the outset of World War I. The original text of the treaty is in English and French. It emerged as a second attempt at peace after the failed and unratified Treaty of Sèvres, which had sought to partition Ottoman territories. The earlier treaty, signed in 1920, was later rejected by the Turkish National Movement which actively opposed its terms. As a result of the Greco-Turkish War, İzmir was reclaimed, and the Armistice of Mudanya was signed in October 1922. This armistice provided for the exchange of Greek-Turkish populations and allowed unrestricted civilian, non-military passage through the Turkish Straits.

A peace treaty is an agreement between two or more hostile parties, usually countries or governments, which formally ends a state of war between the parties. It is different from an armistice, which is an agreement to stop hostilities; a surrender, in which an army agrees to give up arms; or a ceasefire or truce, in which the parties may agree to temporarily or permanently stop fighting.