What are the principals of fair trade?
There are nine key fair trade standards: • Creating opportunities for economically disadvantaged producers Fair Trade is a strategy for poverty alleviation and sustainable development. Its purpose is to create opportunities for producers who have been economically disadvantaged or marginalized by the conventional trading system. • Transparency and accountability Fair Trade involves transparent management and commercial relations to deal fairly and respectfully with trading partners. • Capacity building Fair Trade is a means to develop producers’ independence. Fair Trade relationships provide continuity, during which producers and their marketing organizations can improve their management skills and their access to new markets. • Promoting Fair Trade Fair Trade Organizations raise awareness of Fair Trade and the possibility of greater justice in world trade. They provide their customers with information about the organization, the products, and in what conditions they are made. They use
