www.universalcurrentaffairs.com

World Fair Trade Day - 08 May. (Second Saturday in May.)

Every year on the second Saturday in May, World Fair Trade Day highlights small-scale producers in the fair trade movement. It’s also a day to recognize how global small-scale producers contribute to healthy and sustainable communities.

Producers, shoppers, advocates, and companies from around the world make up the fair trade movement. All of the people involved in this movement work together to build a more equitable form of trade. The movement began in the United States following WWII. The goal of the fair trade movement was to connect small-scale producers to global markets. In 1989, the World Fair Trade Organization (WFTO) was born. Today, over a million small-scale producers in 76 countries are a part of the WFTO.

In 1996, the Network of European Shops (NEWS!) established the European World Shops Day. The WFTO, which at the time was called the International Federation of Alternative Trade (IFAT), expanded the initiative to other continents. The first World Fair Trade Day was held on May 4, 2002. The day is now observed on the second Saturday in May.

Read Full News

Share:

No comments:

Post a Comment

Followers

Android App "CA DAILY UPDATES"

Translate

Popular Posts

Blog Archive

Recent Posts