The Treaty of Ghent, signed on December 24, 1814, effectively ended the War of 1812 between the United States and Britain. The treaty restored pre-war boundaries and released prisoners, thereby ending hostilities without addressing the underlying issues that prompted the war, such as maritime disputes and trade restrictions. The treaty was ratified by the U.S. Senate in February 1815 and is significant as it marked the beginning of improved relations between the U.S. and Britain. Furthermore, it helped to establish a long-lasting peace between the two nations, setting the stage for future cooperation.