Swedish Levant Company
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Swedish Levant Company
The Swedish Levant Company () was a Swedish chartered company founded on 20 February 1738 with the exclusive right to trade in the Levant for a period of ten years. Background Following the surrender at Perevolochna, King Charles XII was exiled to Bendery in the Ottoman Empire. It was during this time that Charles began to seek closer ties with the Ottomans, and Sweden's interest in the empire began to rise. The primary backer for trade with the Ottoman Empire was Swedish Board of Trade member Johan Silfvercrantz. He proposed following the example of the English Levant Company to import goods such as silk while exporting Swedish products to the region. Charles sent Silfvercrantz to the Levant to explore a future trade relationship, but he was unable to complete his work before his death the next year in 1712. In 1718, Charles died, and this marked the end of autocratic kingship in Sweden. The subsequent Age of Liberty saw a shift of power from the crown to the Riksdag of th ...
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Chartered Company
A chartered company is an association with investors or shareholders that is incorporated and granted rights (often exclusive rights) by royal charter (or similar instrument of government) for the purpose of trade, exploration, and/or colonization. Notable chartered companies (with years of formation) Austrian British The article ''Chartered Companies'' in the ''Encyclopædia Britannica'' Eleventh Edition, by William Bartleet Duffield, contains a detailed narrative description of the development of some of the companies in England and, later, Britain. Dutch English French German Polish-Lithuanian Portuguese Russian *1799–1867 Russian-American Company Scandinavian Scottish Spanish Italian From 3 August 1889 to 15 May 1893 Filonardi was the first Governor of Italian Somaliland and was in charge of an Italian company responsible for the administration of the Benadir territory, called Societa' Filonardi. *1889 – 1893 Filonardi Company Zionis ...
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Trade Agreement
A trade agreement (also known as trade pact) is a wide-ranging taxes, tariff and trade treaty that often includes investment guarantees. It exists when two or more countries agree on terms that help them trade with each other. The most common trade agreements are of the preferential and free trade types, which are concluded in order to reduce (or eliminate) tariffs, quotas and other trade restrictions on items traded between the signatories. The logic of formal trade agreements is that they outline what is agreed upon and the punishments for deviation from the rules set in the agreement. Trade agreements therefore make misunderstandings less likely, and create confidence on both sides that cheating will be punished; this increases the likelihood of long-term cooperation. An international organization, such as the IMF, can further incentivize cooperation by monitoring compliance with agreements and reporting third countries of the violations. Monitoring by international agencie ...
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Defunct Companies Of Sweden
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Chartered Companies
A chartered company is an association with investors or shareholders that is incorporated and granted rights (often exclusive rights) by royal charter (or similar instrument of government) for the purpose of trade, exploration, and/or colonization. Notable chartered companies (with years of formation) Austrian British The article ''Chartered Companies'' in the ''Encyclopædia Britannica'' Eleventh Edition, by William Bartleet Duffield, contains a detailed narrative description of the development of some of the companies in England and, later, Britain. Dutch English French German Polish-Lithuanian Portuguese Russian *1799–1867 Russian-American Company Scandinavian Scottish Spanish Italian From 3 August 1889 to 15 May 1893 Filonardi was the first Governor of Italian Somaliland and was in charge of an Italian company responsible for the administration of the Benadir territory, called Societa' Filonardi. *1889 – 1893 Filonardi Company Zionist ...
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Trading Companies
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and letter of credit, paper money, and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labour, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for other products an ...
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1738 Establishments In Sweden
Events January–March * January 1 – At least 664 African slaves drown, when the Dutch West Indies Company slave ship ''Leusden'' capsizes and sinks in the Maroni River, during its arrival in Surinam. The Dutch crew escapes, and leaves the slaves locked below decks to die. * January 3 – George Frideric Handel's opera ''Faramondo'' is given its first performance. * January 7 – After the Maratha Empire of India wins the Battle of Bhopal over the Jaipur State, Jaipur cedes the Malwa territory to the Maratha in a treaty signed at Doraha. * February 4 – Court Jew Joseph Süß Oppenheimer is executed in Württemberg. * February 11 – Jacques de Vaucanson stages the first demonstration of an early automaton, ''The Flute Player'' at the Hotel de Longueville in Paris, and continues to display it until March 30. * February 20 – Swedish Levant Company founded. * March 28 – Mariner Robert Jenkins presents a pickled ear, which he clai ...
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Privy Council Of Sweden
The Council of the Realm, or simply The Council ( sv, Riksrådet or sv, Rådet: sometimes in la, Senatus Regni Sueciae), was a cabinet of medieval origin, consisting of magnates ( sv, stormän) which advised, and at times co-ruled with, the King of Sweden. The 1634 Instrument of Government, Sweden's first written constitution in the modern sense, stipulated that the King must have a council, but he was free to choose whomever he might find suitable for the job, as long as they were of Swedish birth. At the introduction of absolutism, Charles XI had the equivalent organ named as Royal Council ( sv, Kungligt råd). In the Age of Liberty, the medieval name was reused, but after the bloodless revolution of Gustav III, the old organ was practically abolished. The 1809 Instrument of Government, created a Council of State, also known as the King in Council ( sv, Konungen i Statsrådet) which became the constitutionally mandated cabinet where the King had to make all state decisio ...
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Southern Europe
Southern Europe is the southern regions of Europe, region of Europe. It is also known as Mediterranean Europe, as its geography is essentially marked by the Mediterranean Sea. Definitions of Southern Europe include some or all of these countries and regions: Albania, Andorra, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, East Thrace, Gibraltar, Greece, Italy, Kosovo, Malta, Moldova, Monaco, Montenegro, North Macedonia, Portugal, Romania, San Marino, Serbia, Slovenia, Southern France, Spain, and Vatican City (the Holy See). Southern Europe is focused on the three peninsulas located in the extreme south of the European continent. These are the Iberian Peninsula, the Italian Peninsula, Apennine Peninsula, and the Balkans, Balkan Peninsula. These three peninsulas are separated from the rest of Europe by towering mountain ranges, respectively by the Pyrenees, the Alps and the Balkan Mountains. The location of these peninsulas in the heart of the Mediterranean Sea, as well as the ...
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Swedish East India Company
The Swedish East India Company ( sv, Svenska Ostindiska Companiet or ''SOIC'') was founded in Gothenburg, Sweden, in 1731 for the purpose of conducting trade with China and the Far East. The venture was inspired by the success of the Dutch East India Company and the East India Company, British East India Company. This made Gothenburg a European centre of trade in eastern products. The main goods were silk, tea, furniture, porcelain, precious stones and other distinctive luxury items. Trade with China saw the arrival of some new customs in Sweden. The Chinese cultural influence increased, and tea, rice, arrack (a drink made from fermented sap or sugarcane) and new root vegetables started appearing in Swedish homes. It grew to become the largest trading company in Sweden during the 18th century: a total of 132 expeditions were carried out with 37 different ships. The company folded in 1813; nevertheless, it left clear footprints that can still be seen in Gothenburg. Background ...
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Duty (economics)
In economics, a duty is a target-specific form of tax levied by a state or other political entity. It is often associated with customs, in which context they are also known as tariffs or dues. The term is often used to describe a tax on certain items purchased abroad. A duty is levied on specific commodities, financial transactions, estates, etc. rather than being a direct imposition on individuals or corporations such income or property taxes. Examples include customs duty, excise duty, stamp duty, estate duty, and gift duty. Customs duty A customs duty or due is the indirect tax levied on the import or export of goods in international trade. In economics a duty is also a kind of consumption tax. A duty levied on goods being imported is referred to as an 'import duty', and one levied on exports an 'export duty'. Estate duty An estate duty (in the U.S. inheritance tax) is a tax levied on the estate of a deceased person in many jurisdictions or on the inheritance of a ...
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Tax Exemption
Tax exemption is the reduction or removal of a liability to make a compulsory payment that would otherwise be imposed by a ruling power upon persons, property, income, or transactions. Tax-exempt status may provide complete relief from taxes, reduced rates, or tax on only a portion of items. Examples include exemption of charitable organizations from property taxes and income taxes, veterans, and certain cross-border or multi-jurisdictional scenarios. Tax exemption generally refers to a statutory exception to a general rule rather than the mere absence of taxation in particular circumstances, otherwise known as an exclusion. Tax exemption also refers to removal from taxation of a particular item rather than a deduction. International duty free shopping may be termed "tax-free shopping". In tax-free shopping, the goods are permanently taken outside the jurisdiction, thus paying taxes is not necessary. Tax-free shopping is also found in ships, airplanes and other vessels traveling ...
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Dutch Republic
The United Provinces of the Netherlands, also known as the (Seven) United Provinces, officially as the Republic of the Seven United Netherlands (Dutch: ''Republiek der Zeven Verenigde Nederlanden''), and commonly referred to in historiography as the Dutch Republic, was a federal republic that existed from 1579, during the Dutch Revolt, to 1795 (the Batavian Revolution). It was a predecessor state of the Netherlands and the first fully independent Dutch nation state. The republic was established after seven Dutch provinces in the Spanish Netherlands revolted against rule by Spain. The provinces formed a mutual alliance against Spain in 1579 (the Union of Utrecht) and declared their independence in 1581 (the Act of Abjuration). It comprised Groningen, Frisia, Overijssel, Guelders, Utrecht, Holland and Zeeland. Although the state was small and contained only around 1.5 million inhabitants, it controlled a worldwide network of seafaring trade routes. Through its tradin ...
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