The General Assembly of the United Nations Convention adopted Dec. 2 as the International Day for the Abolition of Slavery.
The focus of this day is on eradicating contemporary forms of slavery, such as human trafficking, sexual exploitation, the worst forms of child labor and forced recruitment of children for use in armed conflict.
The International Labor Organization (ILO) estimated the presence of 21 million forced labor victims worldwide, creating $150 billion in illegal profits in the private economy each year.
The ILO adopted a protocol designed to strengthen global efforts to eliminate forced labor, which is set to enter into force in November 2016.
This video explains what is meant by modern slavery. Watch it below!