The SUNHAK Peace Prize was announced today. It will be awarded to an individual or organization that made the most significant contributions to world peace and human welfare.
The SUNHAK Peace Prize Committee launched today will announce the first recipient of the prize in August next year. At US$1 million, the prize money is the highest in Korea.
The committee chairman is Dr. Hong Il-Sik, the former president of Korea University and the committee is composed of 12 members, including Dr. Boutros Boutros-Ghali, the former UN Secretary-General.