The Indigenous Peoples Economic and Trade Cooperation Arrangement (IPETCA) is a non-binding and cooperation-based arrangement that acknowledges the importance of enhancing the ability of Indigenous peoples and Indigenous businesses to benefit from the opportunities created by international trade and investment. It therefore aims to increase Indigenous peoples’ participation in trade and promote economic development. The Arrangement also commits the Participating economies, jointly with Indigenous representatives, to establish an IPETCA Partnership Council to facilitate cooperation activities.
Trade has the potential to have a positive impact in economic development and exporting