Summary:
The Fairtrade Foundation exists to ensure that producers are guaranteed a minimum price for their goods irrespective of world prices.
This means that Fairtrade goods are often more expensive in the UK than those without the Fairtrade logo. Although people are now arguing that supermarkets are fuelling their excessive profits by adding large mark-ups to these products This premium that the producer charges covers the basic food, housing, health and education needs of the lo...
The Fairtrade Foundation exists to ensure that producers are guaranteed a minimum price for their goods irrespective of world prices.
This means that Fairtrade goods are often more expensive in the UK than those without the Fairtrade logo. Although people are now arguing that supermarkets are fuelling their excessive profits by adding large mark-ups to these products This premium that the producer charges covers the basic food, housing, health and education needs of the local communities in countries such as India and Brazil. The Foundation awards a consumer label, the Fairtrade Mark, to products which meet internationally recognised standards of Fairtrade. It is the only such certification in the UK.
Examples of products: