Seoul Peace Prize 2018: 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. The awardee receives diploma, plaque and honorarium of US $200,000. Past laureates include distinguished global personalities like German Chancellor Angela Merkel, former UN Secretary General Kofi Annan and renowned international relief organizations like Doctors Without Borders and Oxfam. 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. The award will be presented to him by Seoul Peace Prize Foundation at mutually convenient time.