Every year the DPRK people celebrate this historic day as the war victory day or 2nd liberation day.

But it was recorded as a tragic, humiliation day for the U.S. and the south Korean regime.

At that time the U.S. imperialists vouched that they would conclude the Korean War in 72 hours, describing it as "one of the blessings". However, the war ended after three years with their defeat.

In October 1950 MacArthur, commander of the U.S. forces in the Far East, called at the Company F of the 5th Cavalry Regiment of the U.S. army. When he demanded that those who landed in Korea ninety-six days ago come out of the ranks, there were only five persons alive, three of them wounded. 99 percent of the company had already gone to Heavens in the war.

Japanese book "The U.S. Was Defeated" wrote that the causality rate of the UN forces in the Korean War is 40-60 percent, higher than that of the U.S. forces (7.5 %) or that of the German troops (55.8 %) in the Second World War.

Some days ahead of the signing of the Armistice Agreement, the chief U.S. negotiator said at the talks that the U.S. side could not but say "yes" to the DPRK side's every demand.

59 minutes after the conclusion of the AA, U.S. President D. Eisenhower said on radio that this was a tragic and bitter thing.

Meanwhile the south Korean regime deplored that July 27 is a humiliation day.

The credit for the DPRK's victory in the war went to the Juche-based military idea and energetic command of President Kim Il Sung, who always found himself among servicepersons and civilians during the war.