What is Fair Trade?

In a clear, simple way we want to share with you what are the basics of fair trade, why it is important to get involved and what are the differences with other forms of consumption. 

A little context

Many of the products we consume today have crossed several countries before reaching our hands. Current manufacturing and trading systems operate largely under networks that involve decentralizing production to developing countries in order to lower costs. 

This decentralization prevents us from maintaining good controls and transparency systems and the search for lower costs encourages the exploitation of thousands of people. 

This happens with many products that circulate around the world, from fashion, toys, household appliances, etc. Creating and fostering systems of inequality. 

Transnational corporations’ control 70% of the world market, having control to fix prices of raw materials and the conditions of production without considering the repercussions of their decisions.

Today 20% of the world’s population consumes 80% of the world’s products and services, while millions of people find themselves in situations and circuits of poverty.

What is fair trade?

Fair trade is a system that proposes an equitable, supportive, and ethical model. 

It is a commercial exchange relationship, based on dialogue, transparency, and respect, which seeks greater equity in international trade.

The main objective of the movement on fair trade is to guarantee to the small agricultural and handicraft producers a more direct access to the market for their products, under fairer and more equitable conditions.

This model is made up of several elements: 

Family businesses, producer associations or cooperatives, consumers, organizations that collaborate with the purchase and sale of the product and the associations that watch over fair trade criteria. 

Do you know the 10 principles of fair trade?

The World Fair Trade Organization sets out 10 principles to achieve the objectives:

  1. Creation of opportunities for economically disadvantaged producers. 2.
  2. Transparency and accountability
  3. Fair trade practices
  4. Payment of a fair price
  5. Ensuring freedom from child labor and forced labor.
  6. Commitment to non-discrimination, gender equity and freedom of association (labor union)
  7. Ensuring good working conditions 
  8. Facilitating capacity building
  9. Promotion of Fair Trade 
  10. Respect for the environment

These 10 principles represent a commitment to future generations and a fairer and more equal world. 

At Creamodite we continue working to join innovative proposals that allow us to continue to trace a path of rethinking in the creative industries. 

That is why as part of our lines of work we integrate sustainability, an example is our Fashion Alive contests with proposals such as Zero Waste.

if you want to be part of this initiative you can write us at info@workef.com

If you want to know more, become a member here