The Treaty of Utrecht, signed in 1713, is significant today as it marked the end of the War of the Spanish Succession and established a new balance of power in Europe, influencing diplomatic relations and territorial boundaries for centuries. It laid the groundwork for modern nation-states by recognizing the principle of sovereignty and territorial integrity. Additionally, the treaty's provisions led to the decline of Spanish and French dominance, while enhancing British naval power and colonial expansion, shaping the geopolitical landscape that still affects international relations today.
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