What are Fairtrade aims?
The key objectives of the Fairtrade Standards are to: ensure that producers receive prices that cover their average costs of sustainable production. provide an additional Fairtrade Premium which can be invested in projects that enhance social, economic and environmental development.
What is Fairtrade aim in India?
Fairtrade India is now aiming to build on the success of the export model, to sell Fairtrade products directly to the growing Indian market to further benefit the most vulnerable and marginalised producers, while helping the environment, and raising awareness.
What is the purpose of the Fair Trade Federation?
The Fair Trade Federation (FTF) is a nonprofit trade association for businesses committed to equitable and sustainable practices that aims to promote a system of fair wages and long-term, direct trading relationships based on dialogue, transparency, equity, and respect.
What does Fairtrade mean?
1 : trade in conformity with a fair-trade agreement. 2 : a movement whose goal is to help producers in developing countries to get a fair price for their products so as to reduce poverty, provide for the ethical treatment of workers and farmers, and promote environmentally sustainable practices.
What is the impact of fair trade?
The Fairtrade Minimum Price is supporting the farmers that grow products such as cocoa, coffee and bananas to become more income-secure and less vulnerable to poverty. Fairtrade is gradually empowering communities to organise into cooperatives and improve their negotiating position within the supply chain.
How do producers benefit from fair trade?
For producers Fairtrade is unique in offering four important benefits: (1) stable prices that cover the costs of sustainable production; (2) market access that enables buyers to trade with producers who would otherwise be excluded from market; (3) partnership (producers are involved in decisions that affect their …