Thursday, June 12, 2008

Coffee in CR...again

On the way to one of our volcano trips, we visited a local coffee plantation. They have won awards like many of the plantations in Costa Rica. We did not stay very long and unfortunately my camera was dead so sorry but no pictures.
With over 500 billion cups consumed every year, coffee is one of the world's most popular beverages. The coffee market has become a very successful one to have business in. The pricing of coffee can go very high for premium coffee. It is amazing to see how much companies can charge for a single cup.
According to the International Fair Trade Association and the other three major fair trade organizations (Fairtrade Labelling Organizations International, Network of European Worldshops and European Fair Trade Association), the definition of fair trade is "a trading partnership, based on dialogue, transparency and respect, that seeks greater equity in international trade¨. It offers better trading conditions to marginalized producers and workers. Fair trade organizations, along with the backing of consumers, campaign for change in the rules and practice of conventional international trade. This kind of regulation can increase the price of coffee because of the necessary benefits given to the workers.

Fair Trade Coffee is something that Costa Rica has tried to implement in their practices. It is a huge economic provider for the country so in order to maximize the country´s success, using FTC is a good option.

No comments: