Fair trade

Common card · No. 260825

Fair trade is a trade arrangement designed to help producers in developing countries achieve sustainable and equitable conditions. The fair trade movement advocates paying higher prices to exporters and improving social and environmental standards. The movement focuses in particular on commodities, or products that are typically exported from developing countries to developed countries but are also used in domestic markets (e.g., Brazil, the United Kingdom and Bangladesh), most notably for handicrafts, coffee, cocoa, wine, sugar, fruit, flowers and gold. Fair trade labelling organizations commonly use a definition of fair trade developed by FINE, an informal association of four international fair trade organizations: Fairtrade International (formerly called FLO, Fairtrade Labelling Organizations International), World Fair Trade Organization (WFTO), Network of European Worldshops and European Fair Trade Association (EFTA). Fair trade, by this definition, is a trading partnership based on...

Read on Wikipedia · Image Rosco (For questions see my userpage in it.wiki), CC BY-SA 2.5