International Day of Cooperatives - 1st July
Tags: Important Days
International 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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