Sri Lanka signed the Framework of Cooperation (FOC) with international fair trade networks in Colombo recently to promote international fair trade and foster global cooperation.
The signing ceremony, attended by representatives of major fair trade and supporting organisations, took place at the Colombo Ramada Hotel.
The signing of the agreement.
Chairman and Chief Executive of Sri Lanka Export Development Board, Dr. Kingsley Bernard, Fair Trade Network of Asia and Pacific Producers of Sri Lanka Chairman R. Gnanasekaran, and on behalf of the President, World Fair Trade Organization/Asia, Country representative T. Fernando signed the Framework of Cooperation.
Minister (Commercial) of the Sri Lanka Embassy in Brussels, Ms. Thavishya Mullegamgoda, Manager of International and Corporate Relations, Fair Trade Advocacy Office, Brussels, Ms. Virginia Ensell, Executive Director of the Fair Trade Network of Asia and Pacific Producers, Sanjeet Khurana, Board President, World Fair Trade Organization (WFTO), Ms. Mitos Urgel and the officials of supporting organisations, the Department of Commerce, Sri Lanka Tea Board, Department of Export Agriculture, Coconut Development Authority, Department of Agriculture, Industrial Development Board, National Craft Council and other relevant agencies were present physically and online. The primary objective of the cooperation framework is to strengthen and improve relationships between fair trade networks and related institutions in Sri Lanka. It aims to promote the development, diversification, and wider market access of fair trade products from Sri Lanka to the global market. The collaborative framework outlines multiple objectives and related activities that will be further developed into comprehensive action plans in collaboration with supporting institutions in the near future.
EDB Chairman Dr. Kingsley Bernard said that as the key signatory institution to this FOC, EDB will take the responsibility of implementing the activities agreed upon in the FOC together with support institutions. He added that EDB plans to hold the initial meeting involving all relevant institutions during January to discuss future plans, an Action Plan and the scheduled activities for the year 2024.
Fair Trade International is a global network dedicated to promoting fairer distribution of trade benefits. This is achieved through the implementation of standards, certification processes, support programs for producers, and advocacy efforts. Collaborating organisations such as the Fair Trade Advocacy Office (FTAO), Fair Trade Network of Asia & Pacific Producers (Fair Trade NAPP), Fair Trade NAPP-Sri Lanka (FNSL), and World Fair Trade Organization-Asia (WFTO-Asia) function as partners within global fair trade networks.
These fair trade standards aim to empower both farmer and worker communities by addressing power imbalances in trade relations, volatile markets, and inequities in conventional trade. By doing so, farmers can secure better prices for their goods. Consequently, this approach contributes to increased foreign exchange income for the country and fosters the socio-economic development of farmers and workers in Sri Lanka.
Over 25 Small Scale Producer Organisations (SsPOs) have received Fair Trade certification, along with 20 wage labor plantations, collectively involving around 25,000 farmers and workers, nationwide. Products such as tea, spices, fruits and vegetables, coconut-related items, floriculture, handicrafts, toys, and various hand-made products are currently presented to the global market with the Fairtrade and WFTO labels.
