Morgan Stanley
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Finland's Martti Ahtisaari wins Nobel Peace Prize

By Doug Mellgren, Matti Huuhtanen,
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Posted 10 October 2008 @ 03:23 pm GMT

Finland's ex-president Martti Ahtisaari received the Nobel Peace Prize on Friday for his efforts to build a lasting peace from Africa and Asia to Europe and the Middle East.

File photo of UN special envoy for Kosovo Martti Ahtisaari. The 2008 Nobel Peace Prize will be awarded in Oslo Friday, with peace mediator Ahtisaari and human rights campaigners from China and Russia among the favorites to win the top honour.
(AFP)

The Norwegian Nobel Committee said it honored Ahtisaari for important efforts over more than three decades to resolve international conflicts.

"These efforts have contributed to a more peaceful world and to 'fraternity between nations' in Alfred Nobel's spirit," the committee said in announcing the prize.

By selecting Ahtisaari, 71, for the prize, the Nobel committee returned its focus to traditional peace work after tapping climate campaigner Al Gore and the U.N. panel on climate change last year.

"He is a world champion when it comes to peace and he never gives up," said Ole Danbolt Mjoes, the chairman of the Norwegian Nobel awards committee.

The award, he said, was in line with recent Nobels to other peace mediators, notably Jimmy Carter in 2002 and U.N. Secretary-General Kofi Annan in 2001.

Ahtisaari told AP Television News that while winning the prize would help his future mediation work, he is looking to other challenges, too, particularly youth unemployment worldwide.

But he also conceded that the decades of work have taken a toll.

"I have to start realizing that I am 71" and maybe it's time to stop "traveling 200 days a year outside Finland."

The secretive five-member committee said Ahtisaari's work across the world Africa, Europe, Asia and the Middle East proved that such efforts can have a profound effect on peace processes.

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