Monday, June 22, 2009
It's amazing where one picks up information related to aspects of international trade. I regularly read a magazine from the Columban Fathers which often has items which I have not seen in other media. Last year they ran a series on the Millennium Development Goals which didn't seem to get much publicity in the mainstream press. The June issue of The Far East included a reprinted article by Ruth Dearnley entitled "A glass and a half" in which it was announced that Cadbury's Dairy milk chocolate would become Fairtrade certified later this year.
Under the Fairtrade scheme, Cadbury will pay a guaranteed minimum price for cocoa even if the open-market proce falls below it.
Photo: www.unicef.org.uk depicts cocoa beans drying in Ghana. Cadbury's will triple the amount of Fairtrade cocoa imported from Ghana to about 15,000 tonnes a year.