After Selvo was deposed, it took several years for Venice to recover from the defeat at Corfu and for the Venetians to fully realize the immediate impact of his actions as Doge. When Venice provided military aid to the Byzantine Empire, they were awarded a Golden Bull by Emperor Alexios I that would provide the Venetians a great economic and strategic advantage throughout the eastern empire for centuries. According to the terms of the decree, annual grants were awarded to all the churches in Venice (including a special gift to the coffers of St Mark's), the Republic was granted whole sections of the Golden Horn in Constantinople, and Venetian merchants were given a full exemption from all taxes and duties throughout the territories of the Byzantine Empire. Not only did this aid the rapid economic growth of Venice in the next few centuries by giving Venetian goods a significant price advantage over other foreign goods, but it initiated a long period of artistic, cultural, and military relationships between Venice and Byzantium. This combination of eastern and western cultural influences made Venice a symbolic gateway between the east and the west in Southern Europe.