The significant agreement that emerged as a result of the Peace of Paris in 1783 was the Treaty of Paris, which officially ended the American Revolutionary War. The treaty recognized the independence of the United States and established borders for the new nation, granting it territory stretching from the Atlantic Ocean to the Mississippi River. It also addressed issues like fishing rights and the restoration of property to Loyalists. The Treaty of Paris marked a pivotal moment in history, not only for America but also for colonial aspirations worldwide, symbolizing the establishment of a new sovereign nation and the principles of self-determination.