The peace agreement, which was signed on Monday in Helsinki by the Indonesian government and the Free Aceh Movement (GAM), vows to end the decades of hostilities between the two sides in the Indonesian province of Aceh.
According to the agreement called Memorandum of Understanding, the Indonesian government will withdraw "non-organic military and police forces" from Aceh and facilitate establishment of Aceh-based political parties.
For the Free Aceh Movement, it will undertake the "decommissioning of all armaments and demobilization of troops" in a parallel process to the withdrawal of the non-organic military and police forces.
The agreement foresees also the promulgation of a new law for the governing of Aceh, the granting of amnesty to GAM members and political prisoners, the reintegration to society of former combatants, the establishment of a human rights court and a truth and reconciliation commission to Aceh.
The pact also promulgates to establish an Aceh Monitoring Mission by the European Union and five ASEAN countries to monitor the implementation of the agreement.
Indonesian Justice and Human Rights Minister Hamid Awaludin, who represents the Indonesian government, and Malik Mahmud, who represents the GAM, signed the pact at the Government Banquet Hall in Helsinki.
Former Finnish president Martti Ahtisaari, who has led the negotiations between the two sides, witnessed the signing process.
On July 17, the two sides signed an interim pact and vowed to sign the current formal pact.