What is meant by Fair trade?

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What is Fair trade? What does it mean by a Fair trade certified coffee?

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{ 2 comments }

Mareena

Fair trade products ensure a better price for farmers in developing countries and therefore, better working conditions for all involved. It guarantees that farmers receive equality of trade. Buyers pay a Fair trade minimum price for the producer and on top of that a Fair trade premium.

Jon

“Fair trade is an organized social movement and market-based approach to empowering developing country producers and promoting sustainability. The movement advocates the payment of a fair price as well as social and environmental standards in areas related to the production of a wide variety of goods. It focuses in particular on exports from developing countries to developed countries, most notably handicrafts, coffee, cocoa, sugar, tea, bananas, honey, cotton, wine, fresh fruit, and flowers.

Fair trade’s strategic intent is to deliberately work with marginalized producers and workers in order to help them move from a position of vulnerability to security and economic self-sufficiency. It also aims at empowering them to become stakeholders in their own organizations and actively play a wider role in the global arena to achieve greater equity in international trade. Fair trade proponents include a wide array of international religious, development aid, social and environmental organizations such as Oxfam, Amnesty International, Catholic Relief Services, and Caritas International.”

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