Standards for Fairtrade Cotton are settled by Fairtrade Labelling Organizations International. Fairtrade Labelling Organizations International guarantees the producers of Fairtrade Cotton from Developing countries to receive fair payment for their work.
Fairtrade Certificate proves that the producers of cotton obey to social standards like:
• prohibit child labour, forced labour and slavery,
• equal laws for men and women,
• producers are obligated to make decisions in democratic and transparent way,
• increasing the independence of producers and create them incentives for development.
Companies who participate in Fairtrade idea, and which are certified, are obligated to pay fair price for Fairtrade Cotton to the producers. Fair price for small farmers allow them to cover production costs or send their children to schools. Farmers also received bonus from Fairtrade Labelling Organizations International which is Fairtrade Premium. Fairtrade Premium is small percentage of every single final Fairtrade product sold. Local communities of farmers decide by them own how they want to spend Fairtrade Premium, which can be for example: building new schools, hospitals or wells.
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