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Seoul Peace Prize
Why is it in news?
- Seoul Peace Prize Committee has decided to confer 2018 Seoul Peace Prize on Prime Minister Narendra Modi.
- PM Modi has been selected for award in recognition of his dedication for improving international cooperation, raising global economic growth, accelerating Human Development of people in India by fostering economic growth and furthering development of democracy through anti-corruption and social integration efforts.
Seoul Peace Prize
- It was established in 1990 to commemorate 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.
Sources
The Hindu