2. Gateway to the Spice Trade: Controlling the Moluccas gave Portugal a strategic advantage in the spice trade, as it was the main source of these spices at the time. By establishing a presence in the islands, the Portuguese could cut out the middlemen (Arab and Muslim merchants) who had previously dominated the trade and monopolize the profits from the spice trade.
3. Expansion of Empire: The Portuguese were seeking to expand their empire and influence in Asia. By establishing control over the Moluccan Islands, they were able to secure a foothold in the region, which helped them extend their control over other spice-producing areas in Southeast Asia.
4. Competition with Spain: The Portuguese and Spanish were engaged in intense rivalry during this period, and both were eager to expand their territories and influence in the East. The control of the Moluccas was seen as a way for Portugal to gain an advantage over Spain and assert their dominance in the spice trade.
5. Political Prestige: Possessing the Moluccas brought great prestige and recognition to the Portuguese. It showcased their power and influence on the global stage and demonstrated their ability to navigate the treacherous seas and establish trading routes across vast oceans.
6. Wealth and Taxes: The spice trade generated enormous wealth, and controlling the Moluccas allowed Portugal to collect substantial taxes and customs duties on the cloves and nutmeg exported from the islands. This contributed significantly to the Portuguese economy and helped fund their empire-building endeavors.