Peace of Nystad
| Signed | 30 August 1721 |
|---|---|
| Location | Nystad, Sweden |
| Original signatories |
Sweden Russia |
The Treaty of Nystad (Russian: Ништадтский мир, Finnish: Uudenkaupungin rauha, Swedish: Freden i Nystad, Estonian: Uusikaupunki rahu) was the last peace treaty of the Great Northern War of 1700–1721. It was concluded between the Tsardom of Russia and the Swedish Empire on 10 September [O.S. 30 August] 1721 in the then Swedish town of Nystad (Finnish: Uusikaupunki, in the south-west of present-day Finland). Sweden had settled with the other parties in (1719 and 1720) and in Frederiksborg (1720).
During the war Peter I of Russia had occupied all Swedish possessions on the eastern Baltic coast: Swedish Ingria (where he began to build the soon-to-be new Russian capital of St. Petersburg in 1703), Swedish Estonia and Swedish Livonia (which had capitulated in 1710), and Finland.
In Nystad, King Frederick I of Sweden formally recognized the transfer of Estonia, Livonia, Ingria, and Southeast Finland (Kexholmslän and part of Karelia) to Russia in exchange for two million silver thaler, while Russia returned the bulk of Finland to Swedish rule.
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