Commercial relations - Mary's Actions
Gov saw potential to move towards Russian and the Baltic, and pressed for a commercial foothold in Africa.
Encouraged commercial expansion into Russia; voyages of Stephen Borough and Anthony Jenkinson.
Chartering of the Muscovy company in 1555 - sold Russians herbs, woolens, metalworks.
Established a foothold in Guinea; voyages of William Winter, John Lok, William Towerson source for gold/ivory/pepper.
Higher customs duties imposed by 1558 Book of Rates.