Consumers around the world are becoming increasingly aware about social working conditions under which products are made. The Fair trade label is committed to the payment of minimum guaranteed prices and price premiums to southern producers, directs long term trading relationships and ensures environmental and social responsibility of the production process. Fair Trade products have a fast growing market share.Read the full Report
Social issues have become increasingly important in international trade. Critical stakeholders in the EU, such as consumers, NGOs and the media, forced EU governments and the EU private sector to develop and implement strategies promoting the improvement of working conditions. As a result: a) many countries supplying to the EU ratified most of the ILO Conventions, obligating themselves to implement the established standards into their national policies; and b) many companies include the ILO Working Standards in their CSR policies in the form of a code of conduct or through sustainability certification that may often include (several of) the ILO Labour Standards.
Compliance with the ILO Labour Standards is in many cases a buyer requirement for importing into the EU. Adopting (part of) the ILO Labour Standards can therefore offer you as a supplier competitive advantage when exporting into the EU.Read the full Report
For Sri Lankan companies or organizations that produce, process or handle food products destined for export to the EU, they have to take into account that they can be requested to meet certain traceability requirements. Several well-published food safety scandals related to imported food have put EU food retailers under increased pressure to assure their customers of the origin and authenticity of food products. As a consequence, EU food companies and retailers have systems or strategies on place that allow them to trade imported products and ingredients, and in the event of unsafeness, recall them from the market. How does this traceability issue influence Sri Lankan companies?Read the full Report