DEFINITION OF FAIR TRADE
Contributes to sustainable development by offering better trading conditions to, and securing the rights of, marginalized producers and workers – especially in the South. Fair Trade organisations have a clear commitment to Fair Trade as the principal core of their mission. They, backed by consumers, are engaged actively in supporting producers, awareness raising and in campaigning for changes in the rules and practice of conventional international trade.” They can be recognised by the WFTO logo.
Fair Trade is more than just trading:
- It proves that greater justice in world trade is possible.
- It highlights the need for change in the rules and practice of conventional trade and shows how a successful business can also put people first.
- It is a tangible contribution to the fight against poverty, climate change and economic crisis
10 PRINCIPLES OF FAIR TRADE
- Principle One: Creating Opportunities for Economically Disadvantaged Producers
- Principle Two: Transparency and Accountability
- Principle Three: Fair Trading Practices
- Principle Four: Payment of a Fair Price
- Principle Five: Ensuring no Child Labour and Forced Labour
- Principle Six: Commitment to Non Discrimination, Gender Equity and Women’s Economic Empowerment, and Freedom of Association
- Principle Seven: Ensuring Good Working Conditions
- Principle Eight: Providing Capacity Building
- Principle Nine: Promoting Fair Trade
- Principle Ten: Respect for the Environment