10 Principles of Fair Trade
WFTO prescribes 10 Principles that Fair Trade Organizations must follow in their day-to-day work and carries out monitoring to ensure these principles are upheld:
- Creating Opportunities for Economically Disadvantaged Producers
- Transparency and Accountability
- Fair Trading Practices
- Payment of a Fair Price
- Ensuring no Child Labor and Forced Labor
- Commitment to Non Discrimination, Gender Equity and Freedom of Association
- Ensuring Good Working Conditions
- Providing Capacity Building
- Promoting Fair Trade
- Respect for the Environment
Read more about this topic: World Fair Trade Organization
Famous quotes containing the words principles, fair and/or trade:
“I cannot consent that my mortal body shall be laid in a repository prepared for an Emperor or a King—my republican feelings and principles forbid it—the simplicity of our system of government forbids it.”
—Andrew Jackson (1767–1845)
“It is time that we start thinking about foundational issues: about our attitudes toward fair trials... Who are the People in a multicultural society?... The victims of discrimination are now organized. Blacks, Jews, gays, women—they will no longer tolerate second-class status. They seek vindication for past grievances in the trials that take place today, the new political trial.”
—George P. Fletcher, U.S. law educator. With Justice for Some, p. 6, Addison-Wesley (1995)
“The last job I had, I had to take it out in trade and this is no butcher shop—not yet, anyhow!”
—Robert Pirosh, U.S. screenwriter, George Seaton, George Oppenheimer, and Sam Wood. Dr. Hugo Z. Hackenbush (Groucho Marx)