The Czechoslovak-German Arbitration Agreement was the most important political act between these two countries, which was signed in the inter-war period. Arbitration agreements impersonated a novelty in the international legislation. In the mid-1920s, they were regarded as alternatives for peaceful settlement of conflicts between states under international supervision. Texts of the agreements were composed with great consideration. During the Locarno Conference, four arbitration agreements were signed including the Czechoslovak-German agreement. The negotiation process demonstrates shifts of power, the position of Czechoslovakia and the German standpoints. Czechoslovakia received no guarantee of its border with Germany or its acknowledgement by the German party. Comparison of Minister Benes's original conception, which was to signed, with the final version, which was actually signed, suggests that the act that was adopted in Locarno was far away from the original Czechoslovak vision. Despite this, the text of the agreement was presented as a success and vindication of national interests.