Fair Trade

How is Fair Trade different from regular free market trading?

The difference is in the regulatory practices. Fair Trade ensures guaranteed minimum prices above world market prices and ensures that these prices are adhered to through independent third party monitoring. In addition farmers are ensured good working conditions and receive social premiums. These premiums go toward infrastructure such as plant nurseries, support services for farmers, schools, hospitals, roads, water and electricity that many rural communities in developing countries cannot afford. Read more