What Is Fair Trade, And Why Is It Important?

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What is fair trade?

The goal of fair trade is to make sure that companies in developed countries pay a fair price to producers in developing countries for their work.

This means not just paying them in the short term, but also helping them improve their skills, increase standards of living and create secure and sustainable livelihoods for future generations.

Currently there are many farmers in developing countries working hard to produce items that end up in our shopping baskets, however, they do not get paid enough to support their families and afford life’s essentials - like food, education and healthcare.

With World Fair Trade Day 2019 upon us, it’s a timely moment to underline the good fair trade can do for these producers – and the work we must do to change trade circumstances across the world.

What does fair trade mean for producers?

Fair trade is based on partnership, which means that farmers and workers concerns should be as significant as other commercial considerations. However, most trade depends on low-cost labour and exploitation of natural resources, which is neither fair nor sustainable.

Inspired by the principles of fair trade, Traidcraft Exchange runs projects that use the power of trade to fight poverty. We also campaign to make trade fairer for people in developing countries.

How can you get involved on this World Fair Trade Day?

1. Donate to make trade fairer

Even a small donation to Traidcraft Exchange can help to improve standards of living and working conditions for workers and farmers in developing countries.

With your support, we can work towards a future where everyone gets a fair income for their work, no matter what country they live in.

2. Campaign for fairer trade

Campaign with us to raise awareness about unjust trade and to convince policymakers to change the unfair trade system.

We’ve recently forced the six major tea brands in Britain to fully disclose their supply chains, and our most recent petition in conjunction with Fashion Revolution aims to force the Home Office to create a modern slavery database.

Simply by sharing our campaigns on social media and bringing up trade injustice in conversation, you can help tip the balance for these people in need.

3. Shop Fair Trade

If we buy products without considering where they come from and at what cost, we become a part of the problem by exploiting workers in developing countries. By buying fair trade products, workers and farmers get a fair pay for their work and can support their families.

To keep up with all our campaigns and on-the ground work promoting fair trade, why not sign up to our email list?

J McNaughton