Summary Of Fair Trade
And the fair trading is not the system of force nature. It is a system of Exchange, Managed by rules and institutions that reflect political choices and trading reinforcing global poverty and inequality because international trading system produce these outcomesFair trade standards comprise both minimum social, economic and environment requirement which procedures must meet to be certified, plus progress requirement to develop farmers organisation or the situation of workersPoverty reduction through trade forms a key part of the organization’s aims. It enables the small producers to move from income insecurity and poverty to economic self-sufficiency and ownership.And according to my Decision Fair trade is Fair And its only Exchange of goods and matters
Equity is achieved via creating a platform for trade that is transparent and therefore accountable for the just treatment of all producers. The fair trade is mainly based on the nine following principles: 1. Create Opportunities for Economically and Socially Marginalized Producers. 2. Develop Transparent and Accountable Relationships. 3. Build Capacity. 4. Promote Fair Trade. 5. Pay Promptly and Fairly. 6. Support Safe and Empowering Working Conditions. 7. Ensure the Rights of Children. 8. Cultivate Environmental Stewardship. 9. Respect Cultural Identity.
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