CashewInformation.com

CashewInformation
News

Home   >   NEWS & VIEWS   >   News

  • Fair Trade campaign urges EU to set up cashew regulation

    Nov 26th, 2013

    <p>Fair Trade activists are urging the EU to set up regulations which will prevent low pay and poor working conditions for workers in Africa and India. Campaigners are objecting to a economic model in which a supermarket earns just over &pound;1 from a bag of cashews sold for &pound;2.50 while the factory worker in these developing countries makes 3p per day.</p> <p>Comments made by EU Commissioner for internal markets, Michael Barnier, shows that a case may be taken up against the industry. &quot;Farmers and workers across the world are suffering every day because of unfair trading practices by supermarkets,&quot; said Liz May, head of policy at the fair trade organisation Traidcraft in an interview with the Guardian newspaper.</p> <p>&quot;It&#39;s time the EU took action and set up a regulator with the power to stop abuses by retailers that result in extremely low pay and appalling working conditions, &quot; she said. It is suggested that with its premium price, the cashew nut industry could be a great opportunity for Africa and India economically. Globally, it is a $4 billion (&pound;2.5 billion) industry that provides jobs for millions.</p>


    Source: esmmagazine.com
Top