World Fair Trade Organization-Asia: 10 Principles of Fair Trade

Published by Daryll Villena on May 17, 2011May 17, 2011

10 Principles of Fair Trade

World Fair Trade Organization-Asia

FAIR TRADE is not just an advocacy, its the solution

#1 Creating Opportunities for Disadvantaged Producers

Fair trade allows businesses to have access to market opportunities and capacity building.

#2 Capacity Building

Fair trade aims to develop entrepreneurs’ independence by improving their product, management skill, production and marketing competence.

#3 Promoting Fair Trade

Fair trade raises public awareness on fair trade products, principles and policies, educating consumers about the significance of purchasing fairly traded products, and lobbying to policy makers for better trade conditions.

#4 Gender Equity

Fair trade values the contributions of women and men. It upholds the principle of equal pay for equal work of equal value.

#5 Payment of a Fair Price

Fair trade promotes the payment of a price that covers the real cost of production. A fair price attributes appropriate value to labor and allows producers to improve their business and support community projects.

#6 Safe and Health Working Conditions

Fair trade ensures safe and healthy working conditions for producers and workers. Sufficient sanitation, ventilation, lightning, clean drinking water and first-aid should be present and available at the workplace.

#7 No Child Labor

Fair trade advances the UN Convention on the Right of the Child.It upholds and promotes children’s right to survive; to develop to the fullest; to be protected from harmful influences, abuse and exploitation; and to participate fully in family, cultural and social life.

#8 Environmental Protection

Fair trade encourages the renewable, sustainable and organic materials and energy in production and the application of environmentally responsible practices in production.

#9 Trade Relations

Fair Trade Organization trade with concern for the social, economic and environmental condition of small producers and do not maximize profit at their expense. They ensure fair and advance payments and it builds long-term relationships.

#10 Ensuring Accountability and Transparency

Fair trade is transparent in its management and commercial relations. It ensures that relevant information is provided to all its trading partners. The communication channels are good and open at all levels of the supply chain.

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World Fair Trade Organization-Asia: 10 Principles of Fair Trade

10 Principles of Fair Trade