The Genoese East India Company of the 1640s played an important role in challenging Portuguese dominance in Asia. While short-lived, the company established Genoese trade networks and helped pave the way for other European powers like the Dutch and English to expand their Asian commerce in the following century. The company demonstrated that with sufficient capital and organization, other European nations could participate in Asian trade besides just Portugal.
The Genoese East India Company of the 1640s played an important role in challenging Portuguese dominance in Asia. While short-lived, the company established Genoese trade networks and helped pave the way for other European powers like the Dutch and English to expand their Asian commerce in the following century. The company demonstrated that with sufficient capital and organization, other European nations could participate in Asian trade besides just Portugal.
The Genoese East India Company of the 1640s played an important role in challenging Portuguese dominance in Asia. While short-lived, the company established Genoese trade networks and helped pave the way for other European powers like the Dutch and English to expand their Asian commerce in the following century. The company demonstrated that with sufficient capital and organization, other European nations could participate in Asian trade besides just Portugal.