Current Affairs PDF

International Day of Cooperatives – 4 July

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The United Nations General Assembly declared in a resolution in 1992 that the International Day of Cooperatives will be celebrated annually on the first Saturday of July.

Theme 2015 Choose co-operative, choose equalityInternational Day of Cooperatives - logo

The aim of this International Day is to:

  • Increase awareness on cooperatives;
  • Highlight the complementarily of the goals and objectives of the United Nations and the international cooperative movement;
  • Underscore the contribution of the movement to the resolution of the major problems addressed by the United Nations;
  • Strengthen and extend partnerships between the international cooperative movement and other actors, including governments, at local, national and international levels.

The co-operative movement presents a unique combination of global reach and needs-based business conduct.

It also plays an important role in poverty reduction by widening ownership and by giving people a voice, both inside their organizations and in society as a whole.

United Nations Secretary-General Ban Ki-moon said, cooperatives will play an “invaluable role” in the international community’s roll-out of a sustainable development goals.