3. Wealthy Merchants and Factors. The Legacy of Julfa

The name Julfa, to a large extent, symbolizes the Armenian international trade in the 16th to 18th centuries, for the dominant number of merchants of Julfan origin, for their large capital, their mercantile network, their enormous commercial success and the international arena of their trade, ranging from Far East to Europe, including North Africa, the Near East, Central Asia, and Russia, and even reaching to Yengiduni Erkirn, the New World or America (Ter Hovhaniants, 1881-1882, i, 159-160, ...