Fair trade is a growing, international movement which ensures that producers in developing countries get a fair price for their goods. Buyers purchase directly from small farmer cooperatives, allowing more of the revenue to be directly routed to the farmers, as opposed to a “middle man.” The fair price agreement protects the producers by: covering the cost of production and guaranteeing a living income, long-term contracts which afford real security; and providing support to gain the knowledge and skills that they need to develop their businesses and increase sales. Fair trade practices also include:
- Providing employment without discrimination and striving to create employment opportunities for women and the most disadvantaged communities.
- Guaranteeing that no child labor is used for production, unless the entire family is involved in the farming and the children are still attending school.
- Following environmentally sustainable production practices whenever possible: using locally-grown goods, harvesting them sustainably, using renewable energy, and avoiding processes that require artificial chemicals.
- Providing technical and financial guidance, market information and product development support to the farmers.
Learn more about Fair Trade by watching Fair World Project‘s video “Free Trade vs. Fair Trade” below: