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Indian Ocean trade has been a key factor in East–West exchanges throughout history. Long-distance maritime trade by Austronesian trade ships and South Asian and Middle Eastern dhows, made it a dynamic zone of interaction between peoples, cultures, and civilizations stretching from Southeast Asia to East and Southeast Africa, and the East Mediterranean in the West, in prehistoric and early ...
Recognizing the importance of the Indian Ocean Region in global trade, IORA has prioritized trade liberalisation and the freer flow of goods, services, investment, and technology; its "Action Plan 2017-2021" put forward the seven targets for trade in the region, ranging from reducing barriers to trade in the short term to making business travel ...
Austronesian proto-historic and historic (Maritime Silk Road) maritime trade network in Southeast Asia and the Indian Ocean [1]. The Maritime Silk Road or Maritime Silk Route is the maritime section of the historic Silk Road that connected Southeast Asia, East Asia, the Indian subcontinent, the Arabian Peninsula, eastern Africa, and Europe.
Indonesians, in particular were trading in spices (mainly cinnamon and cassia) with East Africa using catamaran and outrigger boats and sailing with the help of the Westerlies in the Indian Ocean. This trade network expanded to reach as far as Africa and the Arabian Peninsula, resulting in the Austronesian colonization of Madagascar by the ...
The Cape Route from Europe to the Indian Ocean via the Cape of Good Hope was pioneered by the Portuguese explorer navigator Vasco da Gama in 1498, resulting in new maritime routes for trade. [7] This trade, which drove world trade from the end of the Middle Ages well into the Renaissance, [5] ushered in an age of European domination in the East ...
Indian maritime history begins during the 3rd millennium BCE when inhabitants of the Indus Valley initiated maritime trading contact with Mesopotamia. [1] India's long coastline, which occurred due to the protrusion of India's Deccan Plateau, helped it to make new trade relations with the Europeans, especially the Greeks, and the length of its coastline on the Indian Ocean is partly a reason ...
This is a timeline of the history of international trade which chronicles notable events that have affected the trade between various countries.. In the era before the rise of the nation state, the term 'international' trade cannot be literally applied, but simply means trade over long distances; the sort of movement in goods which would represent international trade in the modern world.
Timbuktu, Gao, and Djenne, key trading centres along these routes, flourished as hubs of commerce, culture, and learning, attracting scholars and traders from various parts of the world. The Indian Ocean trade network played an equally crucial role in the economic landscape of East Africa. This vast maritime network linked the East African ...