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International fair trade regulations are an important component to keep the market in check. It prevents hazards to the environment, the supplier and the consumer which are presented by varying regulations from country to country. It is a base set of standards put forth to ensure the quality of the product and the means by which it was manufactured. The organizations who create these standards then accredit companies who decided to work with them as having adhered to regulatory standards. This approval and certification allows retail outlets and consumers to purchase products without the threat of health or safety hazards.
Joining a fair trade institution is a step towards manufacturing an international product. Assess the options available and select an organization which reflects the standards applied in your business. Online resources and reference materials can assist in reviewing the options available. While it is possible to operate outside of a fair trade agreement complications may arise as a result of mistrust in the market. Retail locations must ensure the quality of goods being sold to consumers to maintain their customer base. If you are considering the option of implementing international fair trade regulations try clicking the links to the left for further information.