ho did the British acquire the right to trade in india?
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In the late 1500s, European explorers started sailing east for trading purposes. ... Concerned that the English were falling behind to the Dutch on these new trading routes, on the 31st December 1600 Queen Elizabeth I granted over 200 English merchants the right to trade in the East Indies.
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In 1600, the East India Company acquired a charter from the ruler of England, Queen Elizabeth I, granting it the sole right to trade with the East. This meant that no other trading group in England could compete with the East India Company.
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