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The 'Moscow Armistice' was signed by Finland and the Soviet Union on September 19 1944, ending the Continuation War. The 'Moscow Armistice' should not be confused with the Moscow Peace Treaty of 1940.
The final peace treaty between Finland and the Soviet Union was signed in Paris in 1947.

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Conditions for peace

Conditions for peace

The conditions for peace were similar to what were agreed on earlier in the Moscow Peace Treaty of 1940. Finland had to cede parts of Karelia and Salla, as well as some islands in the Gulf of Finland. The new armistice also handed all of Petsamo to the Soviet Union. Additionally, Finland leased Porkkala for 50 years to the Soviet Union, although the area was returned to Finnish control in 1956.
Other conditions included $300,000,000 worth of war reparations to be paid to the Soviets. Finland also agreed to legalize communist parties and ban organizations that were considered fascist by the Soviets. The armistice also demanded that Finland must drive German troops away from its territory, which led to the Lapland War.