World Cotton Day, observed on October 7 each year, emphasises cotton’s importance in generating jobs and supporting economies, especially in less developed countries. The day’s celebrations promote fair trade and help developing nations engage in all aspects of the cotton industry to improve their economies. Cotton is a valuable crop grown in many countries around the world and traded internationally. The initiative of World Cotton Day was born in 2019, when four cotton producers in sub-Saharan Africa– Benin, Burkina Faso, Chad and Mali, known as the Cotton Four -proposed the World Trade Organization a World Cotton Day celebration on October 7. During 2 consecutive years, the date offered an opportunity to share knowledge and showcase cotton-related activities.
The first World Cotton Day was proposed on October 7, 2019, and was officially approved by the WTO.
Collaborations with organizations such as the United Nations Conference on Trade and Development (UNCTAD), the International Cotton Advisory Committee, and the United Nations Food and Agriculture Organization (FAO) helped bring this initiative to life.
World Cotton Day holds immense importance due to several compelling reasons:
The theme for World Cotton Day 2023, ‘Making cotton fair and sustainable for all, from farm to fashion,’ is championed by the United Nations Industrial Development Organization (UNIDO). This theme aims to unite stakeholders and raise awareness about the cotton sector’s crucial role in economic growth, agricultural development, trade, and poverty reduction. It underscores the need for sustained economic growth, inclusive industrial development, and the creation of decent work opportunities for all within the cotton industry.
Important takeaways for all competitive exams:
In an important development in the banking sector, the Government of India has extended the…
In a major endorsement of India’s digital payments ecosystem, Google has launched its first-ever credit…
The Global Investment Risk and Resilience Index 2025, released by Henley & Partners in collaboration…
Multinational corporations continue to dominate the global economy, and the 2025 Hurun Global 1000 Report…
Many countries around the world are known for their beautiful islands, which attract travellers, nature…
Every year, people around the world decorate Christmas trees with lights, ornaments, stars, and colorful…