SouthKorea gained independence on 15 august 1947 along with India so, India and South Korea celebrate Independence Day on the same day. South Korea’s declaration of independence in 1950 led North Korea, backed by China and the Soviet Union, to invade its neighbor in an effort to regain control of the entire peninsula. Many studies attribute South Korea’s structural transformation to policy reforms aimed at opening the country to foreign markets. The Independence Day of South Korea is the day when it was no longer under the Japan occupation, which it has been for many years and became Republic. In 1949, Liberation Day was made a public holiday in South Korea … The USSR had defeated the Japanese in North Korea, while the US had liberated South Korea. It faced a devastating war from 1950 to 1953, and an unpromising and slow recovery in the years that followed. Korea (or Korean peninsula) is a region in East Asia.Since 1945 it has been divided into two sovereign states: North Korea (officially the "Democratic People's Republic of Korea") and South Korea (officially the "Republic of Korea"). Indeed, the export-oriented policies of South Korea are one of the most important factors of its success: South Korea is now one of the top 10 exporters in the world, and its exports as a percentage of GDP increased from 25.9 percent in 1995 to 56.3 percent in 2012.3 Two additional factors have contributed to th… Learn how and when to remove this template message, https://en.wikipedia.org/w/index.php?title=Korean_Declaration_of_Independence&oldid=901963219, Articles lacking sources from February 2019, Creative Commons Attribution-ShareAlike License, This page was last edited on 15 June 2019, at 14:22. Pro-Soviet Kim Il-sung was made first premier of North Korea. South Korea hosted the G-20 Summit in Seoul in November 2010, a year that saw South Korea and the European Union conclude a free trade agreement (FTA) to reduce trade barriers. On March 1, South Korea will commemorate a key moment in the country’s history. South Korea - South Korea - Economic and social developments: In the 1950s South Korea had an underdeveloped, agrarian economy that depended heavily on foreign aid. Dates for Independence Movement Day - South Korea, 2020, 2021 and other years. South Korea Independence Day History. Korea was liberated in 1945, when it was split into North and South Korea, which were occupied by the Soviet Union and the United States at the end of World War II. South Korea economic growth for 2018 was $2,053.68B, a 1.4% increase from 2017. Korea consists of the mainland Korean Peninsula ("Mainland Korea"), Jeju Island, and several minor islands near the peninsula. Gradually, competing groups and kingdoms on the peninsula merged into a common national identity. Since then, Korea has gone through a lot. This year marks the 70th anniversary of Korea’s independence from 35 years of Japanese colonization in 1945. After the Korean Peninsula was liberated by the Allies in 1945, independent Korean governments were created three years later, on 15 August 1948, when the pro-U.S. Syngman Rhee was elected first President of South Korea and pro-Soviet Kim Il-sung was made first Leader of North Korea. South Korea got its independence on August 13, 1948. South Korea economic growth for 2018 was $2,100.90B, a 0.97% increase from 2018. 1950s - … This was the beginning of the March 1st Movement, which was violently suppressed by Japanese authorities, as well as the cornerstone of the establishment of the Korean Provisional Government one month later. The Declaration of Independence is the statement adopted by the 33 ethnic representatives meeting at Taehwagwan, the restaurant located in Insa-dong, Jongno District, Seoul on March 1, 1919, after World War I, which announced that Korea would no longer tolerate Japanese rule. On that day in 1919 in Seoul, a group of students recited the South Korean Declaration of Independence at a peace protest, demanding independence for the Korean people. Who was its first Premier? Two independent nations were set up on the Korean Peninsula on 15 August, 1948, three years after the defeat of Japan. South Korea economic growth for 2018 was $2,080.78B, a 1.32% increase from 2018. … 1953 - Armistice ends Korean War, which has cost two million lives. 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