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A fair price is one that has been mutually agreed by all through dialogue and participation which provides fair pay to the producers and can also be sustained by the market, taking into account equal pay for men and women and a Local Living Wage.
Read more to learn how Fair Payment helps to alleviate poverty.
The organisation must have concern for the social, economic and environmental well-being of marginalised producers. It is responsible and professional in meeting its commitments in a timely manner. Suppliers respect contracts and deliver products on time and to the desired quality.
Read more to learn how Fair Trade practices help to alleviate poverty.
The organisation must be transparent in its management and commercial relations. The organisation finds appropriate, participatory ways to involve employees, members and producers in its decision-making processes.
Read more to learn how transparency & accountability helps to alleviate poverty.
Poverty reduction through trade must form a key part of the organisation's aims. The organisation or business must assist vulnerable producers to move from income insecurity and poverty to economic self-sufficiency and ownership.
Read more to learn how providing opportunities for disadvantaged producers helps to alleviate poverty.
What is Fair Trade? Fair Trade is a global movement that aims to alleviate poverty through trade.
The Fair Trade movement is a social enterprise movement that was founded over sixty years ago. The Fair Trade model is to work with disadvantaged producers, often in developing countries, to empower them through providing fairly paid employment and access to market.
Read this the first in our series What is Fair Trade? to learn more.