Fair Trade provides artisans with an opportunity to earn vital income and improve their quality of life by establishing a sustainable market for their handcrafted products. Fair Trade looks to create positive and long-term impact for artisans and farmers while delivering great products to the public.
When you choose to purchase Fair Trade products, you are endorsing an economic system that provides opportunities for producers to lift themselves out of poverty. Fair Trade provides assurances to consumers that producers are paid fair prices for their products and labor. In addition, Fair Trade provides a set of requirements that assure consumers that strict standards have been met to protect the environment, build economic sustainability, empower women, and allow opportunities for education, poverty alleviation, and health care.
principles of fair trade
The World Fair Trade Organization has established the following 10 principles that Fair Trade organizations use to guide their day-to-day work:
Create opportunities for economically disadvantaged producers
Develop transparent and accountable relationships
Create long-term fair trade relationships built on trust and respect
Payment of a fair price that is mutually agreed upon
Ensure that children are not exploited or forced to labor
Commit to non-discrimination, gender equity and freedom of association
Support healthy and safe working conditions
Provide capacity building skills to producer groups
Promote Fair Trade
Respect for environment with minimal environmental impact