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===Early modern period=== {{See also|Imperial Free City of Trieste}} Following an unsuccessful Habsburg invasion of Venice in the prelude to the 1508–16 [[War of the League of Cambrai]], the Venetians occupied Trieste again in 1508, and were allowed to keep the city under the terms of the peace treaty.<ref>{{Cite book |last=Guicciardini |first=Francesco |editor-first1=Sidney |editor-last1=Alexander |url=https://doi.org/10.1515/9780691213910 |title=The History of Italy |date=1984-01-01 |publisher=Princeton University Press |doi=10.1515/9780691213910 |isbn=978-0-691-21391-0}}</ref> However, the [[Habsburg monarchy|Habsburg Empire]] recovered Trieste a little over one year later, when the conflict resumed. By the 18th century Trieste became an important port and commercial hub for the Austrians.<ref>{{Cite web |last= |first= |date=2010-02-04 |title=The Maritime Commerce of Austria - Marx |url=https://marxengels.public-archive.net/en/ME0988en.html |archive-url=https://web.archive.org/web/20241107213740/http://marxengels.public-archive.net/en/ME0988en.html |archive-date=7 November 2024 |access-date=2025-03-25 |website=marxengels.public-archive.net |url-status=live }}</ref> In 1719, it was granted status as a [[free port]] within the Habsburg Empire by [[Charles VI, Holy Roman Emperor|Emperor Charles VI]], and remained a free port until 1 July 1791. The reign of his successor, [[Maria Theresa of Austria]], marked the beginning of a very prosperous era for the city. [[Serbs]] settled Trieste largely in the 18th and 19th centuries, and they soon formed an influential and rich community within the city, as a number of Serbian traders came into ownership of many important businesses and built palaces across Trieste.<ref>{{Cite book|title=Kultura Srba u Trstu|last1=Perišić|first1=Miroslav|last2=Reljić|first2=Jelica|publisher=Arhiv Srbije|year=2016|location=Belgrade}}</ref>
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