30/10/2024
Day 2 (well technically day 3) of World Indigenous Business Forum. Some of my key takeaways:
Commissioner Walt Benson spoke about how entrepreneurship can help lift ourselves out of poverty, something I have done for myself, can lead to healthier, happier lives, can help us achieve self-determination with control over our own resources and less reliance upon governments (Chief and Councils).
James Collard spoke about how International Indigenous Economic Trade is not a new concept and its something our people have been doing since time immemorial and we’re simply in the process of reclaiming our place in the global markets that we’ve been excluded from due to colonialism. He continued about the benefits of Indigenous FTZ (Foreign Trade Zones) and a vision of future International trade that includes Indigenous FTZ networks established across the globe, working together.
Alana Kennedy from Australia shared her experiences as an Indigenous entrepreneur and the importance of breaking the economic cycle by promoting entrepreneurship, gaining access to global markets, engagement in international investment and supporting our communities. It was inspiring to hear how she found it important to be an example for her people to show whats possible through entrepreneurship.
Wayne Garnons-Williams, President of IITIO - International Inter-tribal Trade & Investment Organization, threw out some stats about the overall economic contributions of Indigenous economies across the globe:
- $17 Billion in assests for the Maouri people,
- $16.1 billion in GDP in Australia,
- $31 billion in GDP in USA.
He also said the key to developing International Indigenous trade was by capitalizing upon the IPETC (International People’s Economic Trade and Cooperation Agreement) a first of its kind comprehensive trade agreement.
It was great to hear and connect with Dawn Houle, who has done some amazing work in her field. Chi Migweech for signing a copy of your book for me and I am looking forward to connecting further.
Maxine R. Velasquez mentioned that the word “tribes” is mentioned 3 times in the original American constitution which recognizes the sovereignty of Indigenous tribes. She also reiterated that we have always been international entrepreneurs as evident by chocolate beans found locally which only came from South American regions.
“We need to make economic policy, not economic development.” - Richard Luarkie
“We’re moving away from a victim mentality to a victors mentality!” - Hans Paul Bokelund
And the committee for the World Indigenous Business Forum announced that Melbourne, Australia will host the 2025 WIBF!