On Wednesday, October 24, The Seoul Peace Prize Committee decided to confer the 2018 Seoul Peace Prize on Prime Minister Narendra Modi, in recognition of his dedication to improving international cooperation, raising global economic growth, accelerating the Human Development of the people of India by social integration efforts.
PM Modi is the fourteenth recipient of this award. PM Modi accepted the award and expressed his gratitude for the honour. The award will be presented by the Seoul Peace Prize Foundation.
As per the Ministry of External Affairs statement, the Award Committee recognized Prime Minister Modi’s contributions to the growth of the Indian and global economies, crediting ‘Modinomics’ for reducing social and economic disparity between the rich and the poor.
The statement said, “The committee also appreciated PM Modi’s measures to make government cleaner through anti-corruption measures including demonetization. The Committee also credited Prime Minister for his contribution towards regional and global peace through a proactive foreign policy with countries around the world under the ‘Modi Doctrine’ and the ‘Act East Policy’”.
The world acknowledges.
PM @narendramodi awarded prestigious Seoul Peace Prize 2018 for contribution to high economic growth in India and world through ‘Modinomics’, contribution to world peace, improving human development & furthering democracy in India. https://t.co/ugXhhG7Dls pic.twitter.com/5e98THX4M8
— Raveesh Kumar (@MEAIndia) October 24, 2018
The Seoul Peace Prize was established in 1990 to commemorate the success of the 24th Olympic Games held in Seoul, Republic of Korea – an event in which 160 nations from across the world took part, creating harmony and friendship and a worldwide atmosphere of peace and reconciliation.
The Seoul Peace Prize was established to crystallize the Korean people’s yearning for peace on the Korean Peninsula and in the rest of the world. This has been awarded to personalities like former UN Secretary General Kofi Annan, German Chancellor Angela Merkel and renowned international relief organizations like Doctors Without Borders and Oxfam.