Vested Interest Trading
Vested Interest Trading is a Fair Trade Business
Vested Interest Trading sources its products ethically and uses Fair Trade practices.
Local artisans are finding it increasingly difficult to survive with the rising cost of mass production in Indonesia.
Exports of products such as jewelry and textiles to Western countries, which once provided a decent living for people, are now being made in China and exported at a lower price. Vested Interest Trading supports the livelihood, quality, and preservation the Balinese culture.
Fair Trade is a social movement that empowers producers in developing countries to have better working and trading conditions. Fair Trade promotes sustainable farming and improves social and environmental standards at work. Fair Trade is a movement that focuses on products that are usually exported from developing countries to developed nations.
Why is Fair Trade important for Bali?
The key objective of Fair Trade, especially in Bali, is to empower and support Balinese artisans and farmers. Fair Trade’s rules guarantee a living wage, offering employees opportunity for advancement and assistance in a safe working environment, engaging in environmentally sustainable practices, being open to public accountability, and building long-term trade relationships between Indonesia and the rest of the world.
Choosing to make purchases from Fair Trade vendors means:
You are supporting the creation of opportunities for economically disadvantaged producers. Fair Trade is a non-profit organization that promotes poverty alleviation, sustainable growth, and development for local people.
You are supporting the ongoing efforts for gender equity and equal opportunity. Among Fair Trade vendors, a large emphasis is placed on ensuring that women’s work is as properly valued and rewarded as it is men’s.
You help to support the elimination of the exploitation of children and Indigenous people. Fair trade companies create safe and healthy work conditions for their employees.
Fair Trade products are an act of reverence and respect. The Fair Trade organization helps producers to hone their local knowledge base so that they can preserve their cultural identity.
You engage in payment of a fair price. This is determined through dialogue and participation from local business owners. It will cover the production costs, but also allow artisans to participate in a production process that is both environmentally and socially responsible.
Fair Trader vendors can also ensure prompt payment to their suppliers and, where possible, help producers get pre-production financing.
You support the preservation and use of the land for future generations. Fair Trade vendors are educated on how to manage and use their local resources sustainably. Vendors work very personally with their producers. Whenever possible they choose regions of high biodiversity so that they can develop products that do not harm the land, but rather enhance it.
You can contribute to a global conversation and revolution of equal opportunities. Fair Trade practices are designed to foster cross-cultural understanding between consumers and communities in the developing world.
Vested Interest Trading
1407 Main St NCallander Ontario P0H 1H0Canada
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