Independence Day in Cyprus is observed every October 1, commemorating the island's independence from British rule. The day is marked by various festivals and parades organized by military officers and schools, celebrating the nation's sovereignty. The historical context of this holiday dates back to the London and Zurich Agreements signed in 1959, which led to Cyprus proclaiming independence on August 16, 1960, and officially gaining it on October 1, 1960. The population of Cyprus, primarily consisting of Greek Cypriots and Turkish Cypriots, experienced significant political and religious tensions that contributed to the island's struggle for independence. A notable event during the celebrations takes place at the President's Palace, where an open event marks the end of the festivities.