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Fair trade, by this definition, is a trading partnership based on dialogue, transparency and respect, that seeks greater equity in international trade. Fair trade organizations, backed by consumers, support producers, raise awareness and campaign for changes in the rules and practice of conventional international trade. [3]
The Philippine Competition Act, officially designated as Republic Act No. 10667, is a Philippine law that was signed into law by President Benigno Aquino III on July 21, 2015, and established the quasi-judicial Philippine Competition Commission to enforce the act.
The campaign revolved around printed and digital materials (such as bookmarks and DVDs) that presented artisans’ “one reason why” fair trade had made a difference in their lives. [15] Also, some of the generally small artisan groups or families have transformed into full-fledged businesses that employ hundreds to thousands of people. [ 5 ]
The fair-trade system is inefficient at transferring coffee consumers’ goodwill to producers. Direct trade is probably more efficient and sustainable than fair trade. Artificially stimulating more coffee production keeps coffee growers poor, because overproduction makes the prices fall on the world markets.
Based on the Rules of the Senate, the Senate Committee on Trade, Commerce and Entrepreneurship has 9 members. The President Pro Tempore, the Majority Floor Leader, and the Minority Floor Leader are ex officio members. Here are the members of the committee in the 18th Congress as of September 24, 2020: [2]
Fair trade is a strategy for poverty alleviation and sustainable development. It aims to create greater equity in the international trading system. It creates social and economic opportunities through trading partnerships with marginalised farmers and craftspeople in developing countries so that more customers are accessible to their products ...
Under Sec. 3 of RA 10667, the Commission shall impose this Act against any person or entity engaged in any trade, industry and commerce in the Republic of the Philippines. Moreover, it shall also be applied to international trade with direct, substantial, and reasonably foreseeable effects in trade, industry and commerce. [3]
Section 2 holds and emphasizes the importance of the equal protection of both the lives of women and the lives of unborn women from conception. [43] It goes onto recognize and guarantee the promotion of gender equality and equity, women's empowerment and that the dignity of health be classified as a human rights concern and social responsibility.