In a nutshell: fair payment for small farmers
You see, a lot of the third world countries are experiencing booming economies at the moment (Brazil Russia India China) but if you look outside the 'cities' towards the rural areas, you will not see the same wealth increase for the local farmers and growers.
Fair Trade organisation ensures and checks that these local farmers and growers are receiving their fair share. Through the cooperation of corporations and businesses around the world, there is more equality and less discrimination with doing business.
Over the past few years, Fair Trade recognition have increased to 70% of the population.
Fair Trade doesn't always mean more expensive as the case for 'organic foods'. Sometimes, they could be a tad bit more expensive but based on my observation, there are always foods in the same category that carry a higher cost (and are not fair traded). In the case of coffee, this has meant producers receive $1.26 per lb for coffee beans, compared to an average world price of 70 cents for the past few years - so producers earn around double under Fairtrade, while British consumers pay around 10-15% more.
Next time you purchase a product, take a look to see if there are Fair Trade options.
Top 6 Fair Trade Companies:
1. Cadbury Chocolate
2. Green and Black's
3. ASOS
4. Clipper Tea
5. Bulldog Cosmetics
6. Lush
The Official Fair Trade Foundation http://www.fairtrade.org.uk/what_is_fairtrade/default.aspx
Thanks for sharing the post! Really such a nice and decent information shared here with awesome stuff…Generally I don't learn post on blogs, but I would like to say that this write-up very compelled me to take a look at and do it! Your writing style has been surprised me. Thank you, very great article.
ReplyDeleteFair-Trade Companies
Also visit my page