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Muscovy Company, body of English merchants trading with Russia. The company was formed in 1555 by the navigator and explorer Sebastian Cabot and various London merchants and was granted a monopoly of Anglo-Russian trade. It was the first English joint-stock company in which the capital remained.
- The Editors of Encyclopaedia Britannica
The Muscovy Company had a monopoly on trade between England and Russia until 1698 and it survived as a trading company until the Russian Revolution. Since 1917, the company has operated as a charity, now working within Russia.
Jul 25, 2021 · Until 1698, the Muscovy Company used to have a monopoly on trade between England and Muscovy – modern day Moscow, and it proceeded to trade until the Russian Revolution of 1917. The corporation has been a charity since 1917, and is functioning in Russia.
May 18, 2018 · Muscovy Company (mŭs´kəvē) or Russia Company [1], first major English joint-stock trading company. It began in 1553 as a group supporting exploration of a possible northeast passage to Asia.
Nov 11, 2023 · The two men were given a set of written instructions to protect the financial position of the Muscovy Company, which was, at the time, the main commercial entity that regulated trade with Russia. However, they also had a secret aim: to explore the possibility of annexing part of northern Russia and to set up an English colony in Muscovy.
Muscovy Company mŭsˈkəvē [key] or Russia Company, first major English joint-stock trading company. It began in 1553 as a group supporting exploration of a possible northeast passage to Asia. An expedition under Richard Chancellor reached the White.
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May 8, 2018 · The Russia Company's trade revolved around several key commodities. Its main export to Russia was woolen cloth, the staple of English foreign trade for centuries. Because of its cost, the market for English cloth was largely limited to the elite segments of Russian society, beginning with the tsar's household.
