The Colombian President Juan Manuel Santos awarded the Nobel Peace Prize for 2016 for the peace deal.

In its citation, the committee said it had awarded awarded Santos the prize for "his resolute efforts to bring the country's more than 50-year-long civil war to an end, a war that has cost the lives of at least 220 000 Colombians and displaced close to six million people."

A statement by the Norwegian Nobel Committee said that, “The award should also be seen as a tribute to the Colombian people who, despite great hardships and abuses, have not given up hope of a just peace, and to all the parties who have contributed to the peace process.”

One of the five prizes instituted by Alfred Nobel, the Peace Prize is awarded to those who have “done the most or the best work for fraternity between nations, for the abolition or reduction of standing armies and for the holding and promotion of peace congresses.”

Last year’s Peace Prize was awarded to the Tunisian National Dialogue Quartet for “for its decisive contribution to the building of a pluralistic democracy in Tunisia in the wake of the Jasmine Revolution of 2011.”

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Nandini