What were the major results of the Treaties of Utrecht for France and Spain?

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Charles Le Brun: Portrait of King Louis XIV — Louis XIV *Portrait of King Louis XIV*, by Charles Le Brun, c. 1655.

The Treaties of Utrecht concluded the War of the Spanish Succession, confirming the Bourbon Philip V, grandson of Louis XIV, as the king of Spain.

Results for France

France made significant territorial and political concessions to secure peace:
* Territorial Losses: France ceded Newfoundland, Nova Scotia, the Hudson Bay territory, and St. Kitts to Britain, and restricted the size of its Guiana colony.1
* Military Restrictions: France agreed to demolish fortifications at Dunkirk to prevent further attacks on shipping.1
* Political Recognition: France recognized Queen Anne as the British sovereign and ceased support for the Stuart claimant, James Edward.1

Results for Spain

Spain underwent significant changes to its colonial and European holdings:
* Territorial Losses: Spain ceded Gibraltar and Minorca to Britain, and Sicily to Victor Amadeus II.1
* Commercial Concessions: Spain granted Britain the asiento, an exclusive 30-year contract to supply African slaves to Spanish colonies.1