Description
A new company is created with the intention of stabilizing trade with the colonies, since the failure of the two previous companies is attributed to that previous intermittence. The colonization of the Andaman and Nicobar islands is colonized with the intention of making plantations in them, but the presence of malaria caused their gradual abandonment. Subsequently, the rights of the islands to the United Kingdom are sold. The company was created with a monopoly for the 40 -year -old Asian In 1779.
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