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Jay's Treaty, officially known as "The Treaty of Amity, Commerce, and Navigation, Between His Britannic Majesty and The United States of America," was signed in 1794 between the United States and Great Britain. The three significant results of Jay's Treaty were:
1. British withdrawal from forts in the Northwest Territory: The agreement stipulated that British forces would evacuate the series of forts they still occupied in the northwestern frontier of the United States, territory that was supposed to have been ceded to the United States after the Revolutionary War under the Treaty of Paris in 1783.
2. Trade concessions: The treaty granted American ships the right to trade with British possessions in the Caribbean, albeit with heavy restrictions. Moreover, it assured limited American trade rights in British markets which was important because Britain was a major trading partner.
3. Resolution of financial claims: The treaty established commissions that would later resolve American claims against Britain for seized ships and cargo, as well as British claims against Americans for debts that predated the Revolution.
These results were significant at the time as they arguably prevented a possible war with Great Britain, stabilized the economic situation by securing trade routes and restored British-American relations. However, the treaty was also controversial within the United States, as it was seen by many as a capitulation to British demands.