Events relating to trade

Portugal claims ownership of the region of Guinea, subsequently the centre of their slave trade on the west African coast

Caxton establishes the first English printing press in London, after working in the new trade in Bruges

An increase in trade through the central Sahara benefits the Songhay, with their capital at Gao, at the expense of Mali

The people of Benin begin a lasting tradition of sculpture in brass, melted down from objects brought by traders

Vasco da Gama wins a trading treaty for Portuguese merchants after bombarding the Indian port of Calicut into submission

The Portuguese take control of Malacca, in the Malay peninsula, as a base for trade further east

La Paz is founded on the trade route between Lima and the newly discovered silver mines at Potosi

Africans, bought in the Portuguese trading posts of west Africa, are shipped across the Atlantic as slaves

Spanish galleons assemble each year at Portobelo to deliver European goods and to ship home the metals of Latin America

The Muscovy Company is granted a monopoly by the crown to trade with Russia, as the first of the English chartered companies

The Portuguese establish a trading post on Macao, a small peninsula off the south coast of China

English sailor and slave-trader John Hawkins turns the top-heavy carrack into the more seaworthy galleon

The Dutch gradually exclude the Portuguese from the immensely lucrative trade in cloves from the Spice Islands (or Moluccas)

Parliament in England passes the first of several Navigation Acts designed to reserve international trade for English ships

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