Ostend Company | Wikipedia audio article
Channel: wikipedia tts
Date: 14/01/2019

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Ostend_Company


00:01:33 1 Background
00:02:49 2 Establishment
00:05:22 3 Suspension
00:08:40 4 Ships
00:09:08 4.1 List of company ships
00:11:24 5 See also
00:11:53 6 Notes
00:12:02 6.1 Citations
00:12:11 6.2 Bibliography
00:15:35 7 External links



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SUMMARY
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The Ostend Company (Dutch: Oostendse Compagnie, or Generale Indische Compagnie, French: Compagnie d'Ostende; or, in full, Compagnie générale établie dans les Pays-Bas Autrichiens pour le Commerce et la Navigation aux Indes) was a chartered trading company in the Austrian Netherlands (part of the Holy Roman Empire, currently Belgium) which was established in 1722 to trade with the East and West Indies.
For a few years it provided strong competition for the traditional British, Dutch and French colonial trading companies, notably in the lucrative tea trade with China. It established two settlements in India. Despite its profitability, the company was eventually ordered to close down in 1731 after the British exerted diplomatic pressure on the Austrian government, fearing the company's effects on their own traders. Its disestablishment was made a precondition for the Treaty of Vienna and for creating an alliance between the two states. The Ostend Company can be considered the first attempt by the Holy Roman Empire to monopolise trade with the East Indies; the second being the much less-successful Austrian East India Company, founded in 1775.