Parties Involved: It was a peace agreement between Russia and Sweden.
Territorial Changes: As a result of the treaty, a significant territory ceded to Sweden according to the peace treaty of 1617. This indicates a loss of land for Russia to Sweden.
Historical Impact: This treaty formally ended the Russo-Swedish War (1610–1617) and had major geopolitical consequences for both nations, particularly affecting Russia's access to the Baltic Sea and its territorial integrity during a period of severe crisis (Time of Troubles).