History of Russia
The war ended in 1721 when an exhausted Sweden sued for peace with Russia. Peter acquired four provinces situated south and east of the Gulf of Finland, thus securing his coveted access to the sea. There, in 1703, he had already founded the city that was to become Russia's new capital, Saint Petersburg, as a "window opened upon Europe" to replace Moscow, long Russia's cultural center. Russian intervention in the Commonwealth marked, with the Silent Sejm, the beginning of a 200-year domination of that region by the Russian Empire. In celebration of his conquests, Peter assumed the title of emperor, and the Russian Tsardom officially became the Russian Empire in 1721.
Russian colonization of the Americas
Imperial Russia was unique among European empires for having no state sponsorship of foreign expeditions or territorial (conquest) settlement. The first state-protected trading company for sponsoring such activities in the Americas was the Shelikhov-Golikov Company of Grigory Shelikhov and Ivan Larionovich Golikov. A number of other companies were operating in Russian America during the 1780s. Shelikhov petitioned the government for exclusive control, but in 1788 Catherine II decided to grant his company a monopoly only over the area it had already occupied. Other traders were free to compete elsewhere. Catherine's decision was issued as the imperial "ukase" (proclamation) of September 28, 1788.