McGuire-Keogh Fair Trade Enabling Act
The McGuire-Keogh Fair Trade Enabling Act is a piece of legislation that aims to promote fair trade practices and support producers in developing countries. It provides a framework for fair trade certification and encourages businesses to participate in fair trade initiatives.
Under the McGuire-Keogh Act, companies that meet certain criteria for fair trade practices can receive certification, which allows them to use the Fair Trade Certified label on their products. This label helps consumers identify products that have been produced ethically and in accordance with fair trade principles.
The Act also includes provisions for funding and support for fair trade organizations and producers in developing countries. This can help to improve working conditions, increase wages, and promote sustainable agricultural practices in these regions.
Overall, the McGuire-Keogh Fair Trade Enabling Act is an important step towards creating a more equitable global economy and ensuring that producers in developing countries receive fair compensation for their goods.
Examples of fair trade products:
- Coffee
- Chocolate
- Bananas
For more information on fair trade practices and the McGuire-Keogh Fair Trade Enabling Act, you can visit the Wikipedia page on fair trade.