International Day of Cooperatives: Meaning, History, Significance and Celebration

Each year, on first Saturday of July, International Day of Cooperatives is observed. International Day Of Cooperatives celebration is done by conducting several events. se events are based on purpose of creating awareness about areas of concern on a global scale.  International Day of Cooperatives 2020 will be celebrated on Saturday, July 4 this year. To kw more information about this globally significant day, keep reading ahead. 

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International Day of Cooperatives Meaning and Significance 

United Nations International Day of Cooperatives 2020 will be observed on July 4. purpose of International Day of Cooperatives Celebration is to draw world's attention to cooperatives and ir work. Cooperative collaborate to work on internationally important concerns and issues, like political issues, climate change etc. Thus, in order to educate individuals about se happenings, and how can major issues be addressed, National Day of Cooperative was observed by United Nations. day aims towards international integration and strengning of mergers and collaborations between countries.

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International Day of Cooperatives History 

In year 1923, first-ever International Day of Cooperatives celebration took place, as  Cooperatives play a major role in ecomic growth and development of an ecomy. International Day of Cooperatives was established by  International Cooperative Alliance and United Nations. From 1995 each year ICA and UN come toger for International Day of Cooperatives Celebration via a committee which takes care of  Promotion and Advancement of Cooperatives called COPAC. COPAC works in field of sustainable development on an international scale. This committee consists of  both public and private stake-owners 

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International Day of Cooperatives Celebration 

Talking about International Day of Cooperatives Celebration in general; from concerts, exhibitions, events, seminars to campaigns, UN markets  very existence of this day in most upscale fashion. ICA and United Nations also leave stone unturned in raising awareness about International Day of Cooperatives via radio, social media and or digital platforms. However, International Day of Cooperatives 2020 celebration is t going to be same as every year due to COVID-19 outbreak in globe. Hence, it is best to educate yourself about this day via digital platforms. 

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