National Dignity Day in Peru (09/10)

National Dignity Day (Día de la Dignidad Nacional) is celebrated in Peru in honor of the nationalization of the property of the American oil company International Petroleum Company (IPC, International Oil Company) on October 9, 1968.

October 3, 1968 in Peru, as a result of a coup d'état, a "revolutionary government of the armed forces" came to power, led by General Juan Velasco Alvarado (1910-1977). Deep socio-economic transformations began in the country.

The first step of the new authorities, which received a huge response not only in Latin America, but also far beyond its borders, was the nationalization of the property of the American oil company International Petroleum Company, which had been predatorily exploiting the national wealth of Peru for 40 years.