“Fair Trade is a trading partnership, based on dialogue, transparency and respect, that seeks greater equity in international trade . It contributes to sustainable development by offering better trading conditions to, and securing the rights of, marginalized producers and workers – especially in the South.”
What is Fair Trade and what is the aim of the Fair Trade movement?
Fair Trade promotes trade equality and justice . From producer through to consumer — it is about ensuring the choices we make have a positive impact on our lives, the lives of others and the environment.
What is the main aim of Fair Trade?
The key objectives of the Fairtrade Standards are to: ensure that producers receive prices that cover their average costs of sustainable production . provide an additional Fairtrade Premium which can be invested in projects that enhance social, economic and environmental development.
What are the 4 parts of fair trade?
- Direct Trade. ...
- Fair Price. ...
- Decent Conditions. ...
- Respectful Relationships. ...
- Community Development. ...
- Environmental Sustainability. ...
- Respect for Local Culture.
Is fair trade good or bad?
Fairtrade does what it says on the tin: it is about better prices for smallholder farmers and workers in developing countries. Fairtrade addresses the injustices of conventional trade, which too often leaves the poorest, weakest producers earning less than it costs them to grow their crops.
What is the impact of fair trade?
The Fairtrade Minimum Price is supporting the farmers that grow products such as cocoa, coffee and bananas to become more income-secure and less vulnerable to poverty. Fairtrade is gradually empowering communities to organise into cooperatives and improve their negotiating position within the supply chain.
What happens when trade is fair?
When trade is fair people are able to earn enough money to live and improve their lives. Fair trade happens when countries agree to buy goods at fair prices from companies that pay workers fairly and treat them well . ... The buyers and the sellers agreed on a fair price for the cocoa beans.
What is an example of fair trade?
Bananas, coffee, chocolate, tea, flowers, sugar – these are all items we often take for granted and are all examples of Fairtrade products. ... The movement as a whole is known as ‘fair trade’. Fairtrade products are on the increase as companies move to a better deal for farmers and workers.
Which foods are fair trade?
- Bananas. A go-to snack for people on the run, bananas are a supermarket staple. ...
- Cocoa. Chances are you ate some this week – the world loves cocoa, but wouldn’t love the conditions of many of those who grow it. ...
- Coffee. ...
- Flowers. ...
- Sugar. ...
- Tea. ...
- Cotton. ...
- Fruit/Juices.
Who benefits from fair trade?
Fairtrade gives shoppers the opportunity to live and shop according to their principles and take action to support farmers and their families. Fairtrade provides consumers with an opportunity to connect with the people who grow the produce we enjoy and need.
Is Starbucks fair trade?
Starbucks is one of the largest purchasers of Fairtrade-certified coffee in the world, bringing Fairtrade to coffee lovers across the globe.
Is Cadbury Fairtrade 2020?
Cadbury is pulling out of the Fairtrade scheme, after seven years of giving some of its best-known chocolate treats an ethical stamp of approval, in favour of its own sustainability programme – Cocoa Life scheme.
What are the disadvantages of Fairtrade?
Fair trade is an expensive niche market to maintain , because it needs constant promotion and requires educated consumers. High marketing costs are one reason why all those fair trade premiums don’t make it back to the producers. Retailers may take advantage of consumers’ social conscience.
Why Fairtrade is not fair?
The truth is that Fairtrade perpetuates a cruel form of “poverty light” , due to its insignificant shared value for farmers and even less for farm workers and their families. In too many Fairtrade cooperatives less than 5% of girls graduate from secondary school.
What are the advantages and disadvantages of Fairtrade?
- Certified producers must pay their workers a good wage and guarantee safe working conditions.
- Fair trade guarantees producers a stable minimum price, even when the market price drops.
- Producers also earn a community-investment premium above the minimum price.
How does Fairtrade benefit developing countries?
Fair trade
The result of the pattern of world trade is that the producers of primary products in developing countries lose out with low wages and poor standards of living. ... Fair trade promotes equality and fair conditions in the production and trade of goods .
