International Day of Cooperatives - 1st July

Tags: Important Days

International-Day-of-Cooperatives---1st-JulyInternational Day of Cooperatives is observed annually on 1 st July.

An Overview of the News

  • The purpose of International Day of Cooperatives is to acknowledge the contribution of cooperatives in solving major international issues as recognized by the United Nations.

  • The designated theme for International Day of Cooperatives 2023 is "Cooperatives for Sustainable Development".

  • Director of the International Labor Organization - Gilbert F. hongbo

History of International Day of Cooperatives

  • In 1923, the International Cooperative Alliance (ICA) established the first International Cooperative Day.

  • The day was initially celebrated on the first Saturday of July every year.

  • The aim was to commemorate the values and principles of cooperation.

  • Since 1995, it has been celebrated every year on 1st July.

  • The day serves as an opportunity to raise awareness about the cooperative model.

  • It highlights the values of self-help, democratic decision making and mutual cooperation.

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