[1][2] The treaty saw the cession of several Ottoman territories to the Habsburgs, and it was regarded in its time as an extraordinary success and source of pride in Vienna.

[3] The treaty marked the end of Ottoman occupation within the Kingdom of Hungary with the cession of Belgrade, Syrmia and the Eyalet of Temesvár.

Peace was arranged with the intervention of Great Britain and the Dutch Republic, and the treaty was signed by Sir Robert Sutton and Jacob Colyer on behalf of their governments.

Venice retained only the Ionian Islands (with Ottoman-occupied Kythira added to them), and the cities of Preveza and Arta on the Epirote mainland.

[citation needed] The treaty gave the Habsburgs control over the northern part of present-day Serbia, which they had temporarily occupied during the Great Turkish War between 1688 and 1690.