The Treaty of Tordesillas allocated future commercial opportunity as well as territory. Portugal gained the sphere that included its route around Africa and, unexpectedly, Brazil, while Spain initially feared it had received the poorer bargain. Venice and Genoa received no comparable share despite their established role in Mediterranean trade. The arrangement helps explain why Portugal invested in bypassing taxed overland routes and making itself the European gateway for Indian goods.
Notable Point · 15:10-19:22
Tordesillas divides opportunity as well as territory
The Treaty of Tordesillas privileged Portugal and Spain while leaving established Catholic trading powers such as Venice and Genoa outside the new oceanic division.