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Geomundo Island, located in Yeosu, has been designated as the 'Island of the Year 2026' by the Ministry of the Interior and Safety and the Ministry of Oceans and Fisheries. This inhabited island serves as a reference point for South Korea's territorial waters and plays a critical role in national maritime territory management.

The Yeosu City Council has emphasized the need for improved living conditions and tourism development to support resident stability. Recent disruptions to Geomundo's shipping routes highlighted the vulnerabilities of island communities, which face challenges in healthcare access and transportation.

Geomundo is recognized for its historical and cultural significance, including the British Royal Navy's illegal occupation from 1885 to 1887. It is also part of Dadohaehaesang National Park and has been selected for various national cultural and tourism initiatives.