What was Louis XI’s plan for the Mediterranean spice trade?

Louis XI, who viewed wealth as a fundamental source of state power, actively promoted commerce and industry throughout his reign to strengthen the French economy. As part of his broader efforts to stimulate national trade—which included supporting guilds, introducing the silk industry to Lyon and Tours, and fostering commerce with England and the Hanseatic towns—he specifically planned to create a company dedicated to the spice trade in the Mediterranean.12