The '''Asiento''' was a licence issued by the Spanish Crown in 1713, as a part of the [[Treaty of Utrecht]]. As a result, the war of the Spanish Succession came to a conclusion and Britain gained the sole right to sell slaves into Spanish colonies until 1750 with the passage of the Treaty of Madrid.
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The '''Asiento''' was a licence issued by the Spanish Crown in 1713, as a part of the [[Treaty of Utrecht]]. As a result, the war of the Spanish Succession came to a conclusion and Britain gained the sole right to sell slaves into Spanish colonies until 1750 with the passage of the Treaty of Madrid.<ref>[https://books.google.com/books?id=LLHtAgAAQBAJ&pg=PA24 The Second Slavery: Mass Slaveries and Modernity in the Americas and in the Atlantic Basin]</ref>