Fair Trade works with underdeveloped regions to establish sustainable jobs, and creates job opportunities in developing nations where the supplying demographic is supported by positive working conditions and fair wages. Through your partnership with The Peace Exchange the heart of Fair Trade is supported.
10 Principles of Fair Trade (World Fair Trade Organization)
WFTO prescribes 10 Principles that Fair Trade Organizations must follow in their day-to-day work and carries out monitoring to ensure these principles are upheld:
- Creating Opportunities for Economically Disadvantaged Producers
- Transparency and Accountability
- Fair Trading Practices
- Payment of a Fair Price
- Ensuring no Child Labor and Forced Labor
- Commitment to Non Discrimination, Gender Equity and Freedom of Association
- Ensuring Good Working Conditions
- Providing Capacity Building
- Promoting Fair Trade
- Respect for the Environment
To learn more about Fair Trade, visit these organizations:
- European Fair Trade Association
- Fair Trade International
- Fair Trade USA
- Fair Trade Federation
- Ten Thousand Villages
- World Fair Trade Organization
To read in-depth about Fair Trade check out Jacqueline DeCarlo’s book titled, “Fair Trade: A Beginners Guide.”
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