[3] He proposed following the example of the English Levant Company to import goods such as silk while exporting Swedish products to the region.
[3] Charles sent Silfvercrantz to the Levant to explore a future trade relationship, but he was unable to complete his work before his death the next year in 1712.
Members of the Hat Party generally argued for the English Levant Company structure, but this strategy was criticized by some merchants who favored a freer Dutch method while trading with the Ottomans.
[10] Sweden had hoped to conduct a profitable trade with the Ottomans whereby it could export iron[3][11] and naval ammunition to Southern Europe.
[1] The Private Committee in 1752 made recommendations to the Privy Council for the Riksdag to take additional measures to increase Levantine trade.