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via CRS Fair Trade » News by Jackie on 7/20/10
Fair Trade is theoretically a pretty straightforward concept. We all need to trade in order to get our needs and wants met. HOW we trade can get complicated in a complex and diverse marketplace.
The Fair Trade Federation (the association for North American organizations who are fully committed to Fair Trade) has established nine principles upon which Fair Trade is based. Thanks to the support of the CRS Fair Trade Fund, a new website has been launched, FairTradePrinciples.org, that provides a collection of case studies to explain the Fair Trade business model.
With the creation of the site, the Federation seeks to highlight the ways in which Fair Trade offers a different approach to trade and to explain how Fair Trade businesses operate. Exploring the nine case studies, visitors to the site can explore the specific ways in which Fair Trade retailers and cooperatives adhere to the nine principles of Fair Trade:
- Create Opportunities for Marginalized Producers
- Develop Transparent Relationships
- Build Capacity
- Promote Fair Trade
- Pay Promptly and Fairly
- Support Empowering Working Conditions
- Ensure Children's Rights
- Cultivate Environmental Stewardship
- Respect Cultural Identity