According to OXFAM, 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 – for the most part in developing/3rd world communities and countries. Fair Trade organizations (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.

Bottom line: Fair Trade means 3rd world factory workers & artisans are paid reasonable rates in safe work environments for their hard work (as opposed to the horrific working conditions of sweat shops).