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TRADE AIDAbout Us
What We Do
Why It Matters
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FAIR TRADERSPrinciples Of Fair Trade
Guaranteed Fair Trade
SUSTAINABLEEnvironment
World Fair Trade organsation logo
PRINCIPLES OF FAIR TRADE
At Trade Aid, the ten principles of fair trade form the basis of all our work.
Trade Aid is accredited by the World Fair Trade Organization’s (WFTO) Guarantee System. This is the first
system that is able to deliver the promise of fair trade compliance throughout the entire supply chain.
The WFTO has created ten key principles that Fair Trade Organizations work to and through monitoring
ensure these standards are being met. Read more about WFTO Guarantee System certification here:
www.tradeaid.org.nz/guaranteedfairtrade
The Key Principles of Fair Trade
The WFTO has created ten principles that Fair Trade Organisations must follow in their day-to-day work, and carries out monitoring to ensure
these principles are maintained:
Creating Opportunities for Economically Disadvantaged Producers
Fair Trade is a strategy for poverty alleviation and sustainable development. Its purpose is to create opportunities for producers who
have been economically disadvantaged or marginalized by the conventional trading system.
1.
Transparency and Accountability
Fair Trade involves transparent management and commercial relations to deal fairly and respectfully with trading partners.
View Trade Aid's last set of social accounts.
2.
Trade Relations
Fair Trade organisations trade with concern for the social, economic and environmental well-being of marginalized small producers
and do not maximize profit at their expense. They maintain long-term relationships based on solidarity, trust and mutual respect that
contribute to the promotion and growth of Fair Trade. An interest-free pre-payment of at least 50% is made if requested.
3.
Payment of a Fair Price
A fair price in the regional or local context is one that has been agreed through dialogue and participation. It covers not only the costs
of production but enables production which is socially just and environmentally sound. It provides fair pay to the producers, and takes
into account the principle of equal pay for equal work by women and men. Fair Traders ensure prompt payment to their partners and,
whenever possible, help producers with access to pre-harvest or pre-production financing.
4.
Child Labour
Fair Trade organisations respect the UN Convention on the Rights of the Child, as well as local laws and social norms in order to
ensure that the participation of children in production processes of fairly traded articles (if any) does not adversely affect their
well-being, security, educational requirements and need for play. Organisations working directly with informally organised producers
disclose the involvement of children in production.
5.
Non-Discrimination, Gender Equity and Freedom of Association
The organisation does not discriminate in hiring, remuneration, access to training, promotion, termination or retirement based on race,
caste, national origin, religion, disability, gender, sexual orientation, union membership, political affiliation, HIV/Aids status or age. Fair
Trade means that women's work is properly valued and rewarded. Women are always paid for their contribution to the production
process and are empowered in their organisations.
6.
Working Conditions
Fair Trade means a safe and healthy working environment for producers. The participation of children (if any) does not adversely
affect their well-being, security, educational requirements and need for play and conforms to the UN Convention on the Rights of the
Child as well as the law and norms in the local context.
7.
Capacity Building
Fair Trade is a means to develop producers' independence. Fair Trade relationships provide continuity, during which producers and
their marketing organisations can improve their management skills and their access to new markets.
Read more about Trade Aid's capacity building projects.
8.
Promoting Fair Trade
Fair Trade organisations raise awareness of Fair Trade and the possibility of greater justice in world trade. They provide their
customers with information about the organisation, the products, and in what conditions they are made. They use honest advertising
and marketing techniques, and aim for the highest standards in product quality and packing.
9.
The Environment
Fair Trade actively encourages better environmental practices and the application of responsible methods of production. Read more
about Trade Aid's own environmental practices .
10.
Trade Aid
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Principles of Fair Trade - Trade Aid https://www.tradeaid.org.nz/index.php/page/wfto
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Find out more about the Word Fair Trade Organisation at: www.wfto.com
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