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| | | Fair Trade | What is Fair Trade? Fair Trade is a growing concern which seeks an equitable and fair partnership between marketers in North America and producers in Asia, Africa, Latin America, and other parts of the world. A fair trade partnership works to provide low-income artisans with a living wage for their work. Trade Sourcing Criteria How is Fair Trade determined? - Paying a fair wage in the local context.
- Offering employees opportunities for advancement.
- Providing equal employment opportunities for all people, particularly the most disadvantaged.
- Engaging in environmentally sustainable practices.
- Being open to public accountability.
- Building long-term trade relationships.
- Providing healthy and safe working conditions within the local context.
- Providing financial and technical assistance to producers whenever possible.
How Can Purchasing Fairly Traded Products Help? The business generated by Fair Trade Organizations in Europe and the U.S. now accounts for an estimated US$400 million, just .01 % of all global trade. Small as it may be, the rapidly growing alternative or fair trade movement is setting standards that could redefine world trade to include more social and environmental considerations. Fair traders believe that their system of trade, based on respect for workers' rights and the environment, if adopted by the big players in the global economy, can play a big part in reversing the growing inequities and environmental degradation that have accompanied the growth in world trade. For more information, contact the Fair Trade Federation, at www.fairtradefederation.com . |
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