Fair trade and ethical fashion are principles related to the finer details of how garments are produced. This focus provides a boost and supports growth in the slow fashion sector. Ultimately, slow fashion works towards creating longer lead times and producing higher quality and more expensive fashions that last longer. The 10 Principles of Fair Trade, set by WFTO, are what comes naturally to us.We want to create a fairer world for everyone to live in, and we think the 10 Principles explain exactly how we think this can be done. Imagining a world of Fair Trade enterprises. Fair Trade enterprises are both viable and desirable. Fair Trade has pioneered models of business that put people and planet first. Fair Trade enterprises prioritise the mission but are commercially viable. Fair Trade enterprises are the alternative to profit maximisation. Principles of Fair Trade. Home Fair Trade Principles of Fair Trade. Posted on September 18, 2014 March 3, 2018 by Cherry Sripan. WFTO prescribes 10 Principles that Fair Trade Organizations must follow in their day-to-day work and carries out monitoring to ensure these principles are upheld. The World Fair Trade Organization-Europe (WFTO-Europe) is the European branch of WFTO, the worldwide network of Fair Trade Organisations. It is formed by around 90 members, amongst them Fair Trade organizations, Fair Trade networks and Fair Trade support organizations. Fair Trade encourages an understanding by all participants of their role in world trade. Members actively raise awareness about Fair Trade and the possibility of greater justice in the global economic system. They encourage customers and producers to ask questions about conventional and alternative supply chains and to make informed choices. Principle Nine: Promoting Fair Trade The organisation raises awareness of the aim of Fair Trade and of the need for greater justice in world trade through Fair Trade. It advocates for the objectives and activities of Fair Trade according to the scope of the organisation. As a leader in the global movement to make trade fair, Fairtrade supports and challenges businesses and governments and connects farmers and workers with the people who buy their products. By choosing Fairtrade, people can create change through their everyday actions. The organization links its members to fair trade producer groups while acting as a clearinghouse for information on fair trade and providing resources and networking opportunities to its members. Members self-certify adherence to defined fair trade principles for 100% of their purchasing/business. Fair Trade buyers, recognising the financial disadvantages producers and suppliers face, ensure orders are paid on receipt of documents and according to the attached guidelines. For Handicraft Fair Trade products, an interest free pre-payment of at least 50 % is made on request.