Trade through Russia
Anthony Jenkinson succeeded Chancellor as the main trader of the Muscovy Company. Jenkinson made two important voyages himself — one trying to reach Cathay overland from Moscow, eventually stopping at Bukhara; the other, between 1562 and 1579 to establish overland trade routes through Russia to Persia. Although Jenkinson verified that the overland route to Persia was a viable one, it was abandoned in 1573 due to difficulties in the region; the route did not reopen until Parliament reinstated the company's right to the route in 1741.[8] In 1567, when Muscovy was faring badly in the Livonian War (1558–1583), Tsar Ivan IV asked Jenkinson to sound out Queen Elizabeth I of England as a marriage prospect, providing a possible refuge for him if he was forced to flee the country. The negotiations yielded no results, and Ivan IV was soon forced to sign a ceasefire (1570) with the Polish–Lithuanian Commonwealth.
In 1571, the company's right to free trade and navigation down the Volga was revoked by Ivan IV, who had been offended by English demands to close Russian trade to other European nations. Jenkinson returned to Moscow in 1572 in an attempt to restore the company's privileges, a task at which he was largely successful. However, a cooling of Anglo-Russian relations was evident.[9] This unease between the Muscovy Company and Russia continued to the end of the sixteenth century, under the anti-English dominated courts of Fyodor Ivanovich and Boris Godunov.[10]
At the end of the 16th century, Richard Hakluyt wrote: "... the notable and strange journey of Master Jenkinson to Boghar in Bactria. Whereunto thou maist adde sixe of our voyages eleven hundred verstes up against the streame of Dwina to the towne of Vologhda thence one hundred and fourescore verstes by land to Yeraslaue standing upon the mighty river of Volga: there hence above two thousand and five hundred versts downe the streame to the ancient marte Towne of Astracan, and so to the manifolde mouthes of Volga, and from thence also by ship over the Caspian sea into Media, and further then that also with Camels unto Georgia, Armenia, Hyrcania, Gillan, and the cheefest Cities of the Empire of Persia: wherein the Companie of Moscovie Marchants to the perpetual honor of their Citie, and societie, have performed more than any one, yea than all the nations of Europe besides."[11]