Peace settlement

A peace settlement refers to an agreement reached between conflicting parties to end hostilities, often involving negotiations and compromises. It typically includes terms for stopping violence, resolving disputes, and establishing conditions for lasting peace—such as territorial boundaries, disarmament, and political arrangements. These agreements are usually facilitated by mediators or international organizations and aim to restore stability, ensure security, and promote cooperation between parties. Peace settlements are essential for ending wars, preventing future conflicts, and fostering sustainable development and cooperation in regions affected by conflict.