The Renville Agreement between the Netherlands and Indonesia is ratified.
The Renville Agreement was a United Nations Security Council-brokered political accord between the Netherlands, which was seeking to re-establish its colony in South East Asia, and Indonesian Republicans seeking to secure Indonesian independence during the Indonesian National Revolution. Ratified on 17 January 1948, the agreement was an unsuccessful attempt to resolve the disputes that arose following the 1946 Linggadjati Agreement. It recognised a cease-fire along the Status Quo Line (Status Quo lijn) or so-called "Van Mook Line", an artificial line which connected the most advanced Dutch positions.
The agreement is named after USS Renville, the ship on which the negotiations were held while anchored in Jakarta Bay.