Q: What is “fair trade”?
A: In essence, fair trade is about better prices, decent working conditions and fair terms of trade for farmers and workers in the developing world.
“Fair Trade is a trading partnership, based on dialogue, transparency and respect, that seeks greater equity in international trade. It contributes to sustainable development by offering better trading conditions to, and securing the rights of, marginalized producers and workers – especially in the South.” – World Fair Trade Organization (WFTO)
“Fair trade is an approach to business and to development based on dialogue, transparency, and respect that seeks to create greater equity in the international trading system. Fair trade supports farmers and craftspeople in developing countries who are socially and economically marginalized. These producers often face steep hurdles in finding markets and customers for their goods.” – Fair Trade Federation (FTF)
Q: What is the difference between fair trade and free trade?
A: “Fair trade” aims at empowering marginalized people and improving their quality of life, whereas “Free Trade” aims to reduce trade barriers between countries to increase overall economic growth. More info
Q: Are fair trade certified products also certified organic?
A: Fair Trade organizations do promote organic farming, but not all fair trade products are organic.