Fair Trade

The internationally accepted definition is:

Fair Trade is a trading partnership, based on dialogue, transparency and respect, that seeks greater equity in international trade. It contributes to sustainable development by offering better trading conditions to, and securing the rights of, marginalized producers and workers - especially in the South[ern hemisphere]. Fair Trade organisations (backed by consumers) are engaged actively in supporting producers, awareness raising and in campaigning for changes in the rules and practice of conventional international trade.

In 2006, a number of targets were set for Wales to reach the Fair Trade Nation goal. The criteria were agreed by the Wales and Scottish Fair Trade Fora and endorsed by the First Ministers of Wales and Scotland.

In June 2008, an independent panel of Fair Trade Experts announced that Wales had become a Fair Trade Nation.