Japan–Korea Undersea Tunnel at about ₩100 trillion (approx. US$90 billion), which would produce an extremely low benefit-to-cost result. In 2014, the South Korean Busan Development Institute estimated the undersea tunnel could create ₩54 trillion won (원54T, or US$53 billion) in economic benefits and provide about 45,000 jobs. In an April 2009 editorial, former Justice Ministers Daizō Nozawa of Japan and Kim Ki Chun of South Korea remarked on some of the similarities of the proposed Japan–Korea tunnel to the world's present longest undersea tunnel. The Channel Tunnel runs for 50.45 km linking the United Kingdom and France, and opened in May 1994: At
Channel Islands the Duchy of Normandy. In 1066, William II of Normandy invaded and conquered England, becoming William I of England, also known as William the Conqueror. In the period 1204–1214, King John lost the Angevin lands in northern France, including mainland Normandy, to King Philip II of France, but managed to retain control of the Channel Islands. In 1259, his successor, Henry III of England, by the Treaty of Paris, officially surrendered his claim and title to the Duchy of Normandy, while the King of France gave up claim to the Channel Islands, which was based upon his position as feudal