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The Munich Agreement, signed in 1938 by French Prime Minister Édouard Daladier, was a pivotal agreement that ceded the Sudetenland region of Czechoslovakia to Nazi Germany. The agreement was reached in an attempt to appease Hitler and prevent further German aggression. However, it ultimately failed to achieve its goal, as Hitler continued to pursue his expansionist ambitions, leading to the outbreak of World War II in 1939.