Nicole's home work

A brief introduction of Fairtrade

Introduction
The situation of poor farmers and workers in developing countries; the history of Fairtrade; introducing the structure of the essay

1. What is Fairtrade?

1.1 Introducing Fairtrade
Fairtrade is a different way to normal trade. The producers are from third world countries. Fairtrade enables poor farmer and workers at the beginning of the chain can get a fair share of the benefit of trade.

1.2 The organizations are behind Fairtrade
FLO, FLO-CERT, Fairtrade Labelling Initiatives, Fairtrade Producer Networks

2. The benefits of Fairtrade

1.1 Producer
1.11 The producer can get stable price of products which can cover the cost of sustainable production
1.12 The Fairtrade will provide the premium to improve the quality of producers’ lives.

1.2 Trader or companies
The companies can get the cheaper labour from the developing countries. Also, they are credible that their business have positive ways to the poor producers.

1.3 Consumers
Buying the products with Fairtrade logo can help the poor people improve their lives.

1.4 Environment
Fairtrade encourages the production process are environmentally sustainable.

3. What does Fairtrade do?
1.1 The standards
Fairtrade have two different standards for the producers

1.2 Fairtrade Price
According to the Fairtrade standards, Fairtrade has minimum price for the producers.

1.3 The Fairtrade Premium
This is a communal fund for producers to improve their lives’ condition.

4. Conclusion

Fairtrade is a unique way to doing the business. It is different from other business that Fairtrade protect the right for the producers who are from third world countries. It also protects the environment. With Fairtrade everyone get benefits. It is the trend of future trade.

Notes Taking

1. Companies have partnership with poor producers from developing countries.
2. Fairtrade enables farmers and workers who at the beginning of the chain can get a fair share of the benefit of trade.
3. Fairtrade can guarantee poor producer decent wages,
4. Fairtrade can improve the producers’ lives and provide them opportunities to learn new skills.
5. It needs transparent and reliable relationship in the trade.
6. The premium is an additional sum of money which producers can decide how to use it democratically.
7. There are different standards for goods, workers, price and trader.

Summarize

The goal of Fairtrade is helping the poor people from third world countries. Meanwhile companies can get the cheaper labour than their own countries. With Fairtrade poor producers can be guaranteed get the decent wages and good working condition. They also can get the premium to make their living condition better. It builds trade relationships based on trust, sustainable and respect.

References
http://www.maketradefair.org.hk/trad_06/concern3_1_1.asp
http://www.fairtrade.net/what_is_fairtrade.html?&L=1Kram
http://www.maketradefair.org.hk/simp/concern2_3.html