Learn More about Fair Trade/Fair Labor
What is Fair Trade?
Fair Trade is an economic partnership based on dialogue, transparency, and respect.
This system of exchange seeks to create greater equity and partnership in the international trading system by:
- Creating Opportunities for Economically and Socially Marginalized Producers
- Developing Transparent and Accountable Relationships
- Building Capacity
- Promoting Fair Trade
- Paying Promptly and Fairly
- Supporting Safe and Empowering Working Conditions
- Ensuring the Rights of Children
- Cultivating Environmental Stewardship
- Respecting Cultural Identity
FTF members foster partnerships with producers, because they know these connections are a highly effective way to help producers help themselves.
Fair trade is not about charity. It is a holistic approach to trade and development that aims to alter the ways in which commerce is conducted, so that trade can empower the poorest of the poor. Fair Trade Organizations seek to create sustainable and positive change in developing and developed countries.
Source: Fair Trade Federation, www.fairtradefederation.org
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What is the Fair Labor Standards Act?
The Fair Labor Standards Act (FLSA) establishes minimum wage, overtime pay, recordkeeping, and child labor standards affecting full-time and part-time workers in the private sector and in Federal, State, and local governments.
Source: United States Department of Labor, www.dol.gov/dolfaq/go-dol-faq.asp?faqid=376
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