The Seoul Peace Prize Committee has decided to confer 2018 Seoul Peace Prize on Prime Minister Narendra Modi.
He is the fourteenth recipient of this award and it will be presented to him by the Seoul Peace Prize Foundation.
It was awarded to him in recognition of his dedication for improving international cooperation, contributions to the growth of Indian and global economies.
It also credited ‘Modinomics’ for reducing social and economic disparity between rich and poor.
Seoul Peace Prize
It was established in 1990 to commemorate the success of the 24th Olympic Games held in Seoul, South Korea.
It was established to crystallize Korean people’s yearning for peace on Korean Peninsula and in the rest of the world.
It is awarded biennially to those individuals who have made their mark through contributions to harmony of mankind, reconciliation between nations and world peace.
Past laureates include distinguished global personalities like German Chancellor Angela Merkel, former UN Secretary General Kofi Annan.