Mention the main features of the Gestine Pact.
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To increase transparency, accountability and good governance in public contracting, To enhance trust in public authorities and contribute to their better reputation, To improve competition, promote cost efficiency and savings through better procurement.
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A pact was made between king Wilhem I of Prussia and Francis Joseph of Austria at a place called Gestine on 14 August 1865.
The main features of this pact were as follows :
- Prussia’s right on Blesweig was accepted. Austrian domination over Holstein was agreed upon.
- Prussia paid to gain occupancy of Lavenbourg and bought if from Austria.
- Prussia got the right to fortify the strategically important Keil port. ❤✨
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