What was the meaning of the Treaty of Tordesillas (1494) between Spain and Portugal? Who initiated it?

Pope Alexander VI (Rodrigo Borja) proposed to peacefully divide all overseas lands between the most active Catholic powers – Spain and Portugal. According to this project, Spain received all the land to the west of the meridian, and Portugal – to the east of this line.As a result, each power received much more territory than it could develop.

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