Entente cordiale
It was a diplomatic victory for the British as the French realized that in the long run they needed the friendship of Britain in case of a war between France and Germany. It was the last crisis between the two that involved a threat of war and opened the way for closer relations in the Entente cordiale of 1904. It gave rise to the 'Fashoda syndrome' in French foreign policy, or seeking to assert French influence in areas which might be becoming susceptible to British influence.