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Present Generic Cases for the Use of the International Trade Standards

Present Generic Cases for the Use of the International Trade Standards - Essay Example

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This essay "Present Generic Cases for the Use of the International Trade Standards" concerns the generic cases of the International Standards for Organizations (ISO). ISO is the largest developer of international standards whose applications are voluntary in the entire world. …

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Present Generic Cases for the Use of the International Trade Standards

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Subject: Environmental Studies
Type: Essay
Level: Undergraduate
Pages: 22 (5500 words)
Downloads: 2
Author: raymondgrimes

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International standards focus on the effectiveness and efficiencies in the operations of the organizations worldwide and are arrived at through vigorous and rigorous consultations with various stakeholders in the corporate world; after which a consensus is reached. These standards have facilitated the elimination of the various forms of barriers to international trade that existed before. Despite a large number of standards in existence, this report will focus on the needs for the following standards; FLO Trade, EU Ecolabel, ISO 14040 Environmental management, ISO 26000:2010 standards, and ISO 5001:2011 Energy Management Systems.

Fairtrade products are normally marked through two diverse routes namely the traditional route where products are mainly produced and marketed by the organizations that have fair trade as their main mandate and are certified by the IFAT or corresponding members of the FTF. The second route is the fair trade labeling and certification route and mainly entails third-party certification in order to verify that the supply chains of market participants adhere to underlying fair trade standards established by FLO (Lyon & Moberg, 2010, PP122- 256).

Fairtrade labeling and certification are ideally the means to market trade food products via the employment of the commercial companies interested within the marketing fair trade products A company ought to implement FLO Trade Standards in order to seek greater equity within the international trade. This massively contributes to the sustainable advancement of the company by providing it with better trading conditions and securing the rights of the marginalized producers and corresponding workers (Valiente-Riedl, 2012, PP167-214).

Through the FLO Trade Standards, generic UK Company would be capable of sustaining its development and empowering the disadvantaged suppliers and corresponding employees in the company (Hutchens, 2009, PP45-89). FLO Trade Standards would enable the generic company.

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