Treaty of Methuen (1703), an agreement between Portugal (represented by the Marquess of Alegrete) and Great Britain (represented by John Methuen), which formalized the existing trade patterns between the two countries and laid the foundations for Portugal`s economic dependence on Britain for the rest of the 18th century. On 27 December 1703, Portugal agreed to buy British wheat, textiles and manufactured goods for preferential tariffs on Portuguese products such as olive oil and wine. The Treaty of Methuen between England and Portugal, signed in 1703, was a military and trade agreement born of the continuation of the Spanish War of Succession. Three essential elements were entrusted to the Methuen Treaties. The first was the construction of the war goals of the Great Alliance. Second, the agreement meant that Spain would become a new theatre of war. Finally, it regulated the establishment of trade relations, particularly between England and Portugal. The contract provided that Portuguese wines (but see below), exported to England, may not be subject to a tax greater than the tax for an equal amount of French wines (see below) exported to England and that no English textile exported to Portugal is collected regardless of the geopolitical situation in each of the two nations (to ensure that England would accept Portuguese wine at a time when it is not at war with France). The Treaty of Methuen (1703) with England had strengthened the trade in port at the expense of the Portuguese rag; Subsequently, further attempts were made to improve the value of port exports. He was also helped in the manufacture of wool, linen, paper, porcelain and cutlery… The results of the agreement have been mixed.
On the negative side, the country would not develop its industrial infrastructure (and it could therefore be said that it has lost the industrial race) [citation necessary] and other types of agricultural products, but this is debatable [by whom?], since this period saw the emergence of other industries in Portugal [citation necessary], such as the production of porcelain. Some of the factories that appeared in this time still exist. Your email address will not be published. The Treaty of Methuen was a military and trade agreement between England and Portugal, signed in 1703 as part of the Spanish War of Succession. Are you interested in being a guest blogger or SWE host? Click here for more information! In accordance with the provisions of the treaty, the application for the English language would be admitted duty-free in Portugal.