Trade day in South Korea
Trade Day is observed on December 5. It is a commemorative day in South Korea hosted by the Korea International Trade Association and organized by the Ministry of Trade, Industry, and Energy of South Korea.[1] It features events aimed at reaffirming the country's commitment to trade and promoting balanced trade development.[2]
History
[edit]The day was originally designated as Export Day to commemorate November 30, 1964, when South Korea achieved $100 million in exports for the first time. In 1990, it was renamed Trade Day, and until 2011, it was still celebrated on November 30.[citation needed]
On December 5, 2011, South Korea became the 9th country in the world to achieve $1 trillion in trade volume. As a result, from 2012 onward, the date was changed to December 5 to mark this significant milestone.[citation needed]
References
[edit]- ^ 기념일 > 법정기념일 > 무역의 날. theme.archives.go.kr. Retrieved December 3, 2024.
- ^ 김, 용진, 무역의 날 (貿易의 날), Encyclopedia of Korean Culture (in Korean), Academy of Korean Studies, retrieved December 3, 2024