Moscow Armistice
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The Moscow Armistice was signed by Finland and the Soviet Union on September 19, 1944 ending the Continuation War. Moscow armistice should not be confused with Moscow Peace Treaty of 1940.
The final peace treaty was signed in Paris in 1947
[edit] Conditions for peace
The conditions for peace were similar to what were agreed earlier in the Moscow Peace Treaty in 1940. Finland had to cede parts of Karelia, part of Salla and islands in the Gulf of Finland. The new armistice also handed whole Petsamo to the Soviet Union. Additionally, Finland leased Porkkala for 50 years for the Soviet Union, but the area was returned to Finland in 1956.
Other conditions included $300,000,000 war reparations to be paid to the Soviets. Finland also agreed to legalize communist parties and ban fascist organizations. The armistice also demanded that Finland must drive German troops away from its territory, which led to the Lapland War.