Fair Trade is an international arrangement, which aims to provide better trading conditions for the farmers and workers in the agricultural field in the developing countries.Fairtrade International, the umbrella NGO that creates the internationally agreed Fairtrade Standards and coordinates Fairtrade worldwide. Fair Trade provides a platform to negotiate competitive prices, decent working conditions and a fairer deal for farmers and workers in developing countries. By selecting Fairtrade products, consumers can create a change in farmers’ and agricultural workers' lives. A Fairtrade labelled product signifies that producers and businesses have met internationally agreed standards which have been independently certified.
Fair trade is founded upon the following three principles
- Producers have the power to express unity with consumers.
- The global Fairtrade practices to promote the equal distribution of wealth between nations.
- Fairtrade is an efficient way of promoting sustainable development than traditional charity and aid
Three regional producer networks that represent farmers and workers in Africa and the Middle East, Asia and the Pacific, and Latin America and the Caribbean.FLOCERT, the primary independent certifier for Fairtrade, which oversees and inspects all producers and traders and ensures that they comply with Fairtrade Standards.
The Fairtrade standard covers a wide range of different aspects. The Fairtrade standards are as follows;
- Small-scale producer organizations and related product-specific standards
- Hired labour organizations and related product-specific standards
- Contract production and related product-specific standards
- Trader standard
- Climate standard
- Textile standard
- Gold and associated precious metals standard
A mechanism of mass balance in Fairtrade is only permitted for Sugar, Tea, Cocoa and Fruit Juices, but even in these categories, it is possible to find fully traceable products. Fairtrade requires organisation to use a FAIRTRADE Mark with an arrow next to it to direct consumers to information on the back of the packaging that explains more about the ingredients’ traceability.
Single all Fairtrade sourced products are indicated by the classic Fairtrade Mark. Composite products where all the ingredients are sourced Fairtrade suppliers then These products are indicated using the FAIRTRADE Mark with a black arrow. A White Fairtrade Mark is depicted to indicate that the Composite product is made from both Fairtrade sourced and other products.