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Workshop26
Workshop26
Workshop26
Workshop26
Workshop26
Workshop26
Workshop26
Workshop26
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Workshop26

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Transcript

  • 1. Is Fair trade fair? Discuss the case for and against the establishment of fair trade initiatives.
  • 2. What is Fairtrade? • Fairtrade is a financial relationship between producers, sellers, and consumers based on the principle of equity within the exchange of goods. • It is about better price, decent working condition ,local sustainability and fair terms of trade for farmers and workers in the developing world.
  • 3. Principles Fair trade is mainly based on the nine following principles: • Create opportunities for economical and socially marginalized producers. • Develop transparent and accountable relationship. • Build capacity. • Promote Fair trade. • Pay promptly and fairly. • Support safe and empowering working conditions. • Ensure the right of children. • Cultivate environmental stewardship. • Respect cultural identity.
  • 4. Merits • Help consumer to be reassured about the way in which fair trade products are traded. • Provide best price to both producer and consumer. • Elimination of middle man.
  • 5. Demerits • Put Extra pressure on the big company for anti competitive practice. • Using of cheap labour cost by westerns countries • U.K still now sometime does not serve the purpose. Belfair’s management Ltd V Suther
  • 6. Why Fairtrade? • It is something that gives us an impression that the trade hold be done equally. • It comprise both social, economical, and environment requirements which which procedures must met to be certified
  • 7. Conclusion • This Approach give opportunity to the grass root producers. • And consumer rights are protected. • So, we should well-come this approach.
  • 8. Thank You

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