Fair trade

Fair trade is a market model that intents to pay higher prices to producers in developing countries and promote the social and environmental sustainability in those areas. Th fair trade model has been increasing as a popular social movement in the trade between developing countries and developed countries. It is usual to find that certain goods from the developing countries such as coffee, cocoa, sugar or handicrafts are bought by developed countries under a fair trade model.

According to Fairtrade Labelling Organizations International - FLO (2009), fair trade products account for 1 - 20% of all sales in their product categories in Europe and North America, and in 2008, fair trade sales reached US$4.8 billion worldwide.

In countries such Peru, Colombia, Bolivia, Rwanda, or South Africa, fair trade is getting more importance since producers are able to improve their process being more eco friendly while, at the same time, receive a proportional gain from the products.

To learn more about how fair trade impact in other countries, click on the following link:
http://www.fairtrademonth.org/

Are you willing to pay more for fair trade product?, what about handmade textiles made of organic fiber?, how much would you pay for it? - These are some of the questions that are now filling people's mind. What do you think?

Carla