World Standards Day (or International Standards Day) is an international day celebrated on 14 October each year. The day honours the efforts of the thousands of experts who develop voluntary standards within standards development organizations such as the American Society of Mechanical Engineers (ASME), International Electrotechnical Commission (IEC), International Ethics Standards Board for Accountants (IESBA), International Organization for Standardization (ISO), International Telecommunication Union (ITU), Institute of Electrical and Electronics Engineers (IEEE) and Internet Engineering Task Force (IETF). The aim of World Standards Day is to raise awareness among regulators, industry and consumers as to the importance of standardization to the global economy. 14 October was specifically chosen to mark the date, in 1946, when delegates from 25 countries first gathered in London and decided to create an international organization focused on facilitating standardization. Even though ISO was formed one year later, it wasn't until 1970 that the first World Standards Day was celebrated. Around the globe, various activities are chosen by national standards bodies and intergovernmental organizations to commemorate the date.