The Treaty of Picquigny was a significant diplomatic accord that brought a halt to military actions between France and England. The backdrop of this event was the long-standing conflict known as the Hundred Years' War, which had set these two kingdoms against each other for over a century. King Louis XI of France and King Edward IV of England were the prominent figures in this agreement, both recognizing the need for stability and peace after years of warfare. Throughout the 15th century, European politics were heavily influenced by dynastic claims and territorial aspirations, driving England and France into conflict as they vied for control and influence in the region.

The negotiations that led to the Treaty of Picquigny took place in the town located near the River Somme in France. Key elements of the treaty included the payment of an annual sum to England, which provided financial stability to Edward IV's rule; this was seen as a way to secure peace while simultaneously enriching the English crown. The resulting treaty not only alleviated immediate tensions but also encouraged trade and cultural exchanges, fostering a better relationship between the kingdoms in the years that followed.

Although the treaty succeeded in creating peace for a time, it was more of a temporary solution rather than a permanent resolution to hostilities, as political intrigues and dynastic claims would re-emerge in subsequent years. The immediate aftermath saw both countries focusing on internal stability and expansion rather than on further military confrontations, reflecting a broader trend in late Middle Ages European politics where diplomacy began to play a more significant role in mitigating conflicts.