The document discusses how sport can promote peace and social development in 3 main ways: 1) Sport conveys basic values like tolerance, teamwork, and fair play that are important for peaceful coexistence. It also helps develop character skills like discipline and self-motivation. 2) As a universal language, sport brings people together across boundaries and cultures, promoting peace, tolerance and understanding through teamwork and respecting rules. 3) Sport provides youth a space for mental development, social interaction, cultural exchange and personality building in a positive environment, helping to build community.