<P> Recognising the potential of the East Indies spice trade , and to prevent competition eating into Dutch profits , the Dutch Government amalgamated the competing merchant companies into the United East India Company ( VOC ) . In 1602 , the States General of the Netherlands granted it a 21 - year monopoly in the spice trade in Asia . It was awarded quasi-governmental powers , including the ability to wage war , imprison and execute convicts , negotiate treaties , coin money , and establish colonies . </P>
<P> Recognising the potential of the East Indies spice trade , and to prevent competition eating into Dutch profits , the Dutch Government amalgamated the competing merchant companies into the United East India Company ( VOC ) . In 1602 , the States General of the Netherlands granted it a 21 - year monopoly in the spice trade in Asia . It was awarded quasi-governmental powers , including the ability to wage war , imprison and execute convicts , negotiate treaties , coin money , and establish colonies . </P>
the dutch east india company expected what export from indonesia
the dutch east india company expected what export from indonesia
spice
spice