Finland's national conciliator is reported to have agreed to end a strike that shut down most of the country's foreign trade for more than two weeks and halted 90 percent of the Nordic nation's foreign trade.

The strike was launched on March 4 when stevedores shut down handling cargo at most Finnish ports. The strike is ended after unions and employers accepted a new labor contract.

"It was an acceptable solution", Timo Raety, Transport Workers' Union President, posted in an interview on Finnish state television YLE. "Some parts of the agreement improve the situation, while some parts are worse than before".

Hilkka Ahde, a union spokeswoman, in a telephone interview revealed that harbor workers will be back on work by March 23.

The Finnish industries confederation posted in a statement on its Web site that the deal is reported to include pay hikes of 0.6 percent in April, 0.7 percent in October and 0.6 percent in April 2011. The agreement doesn't contain any severance pay, it added.

Stora Enso registered a jump of much as 10 cents, or 2 percent, to 5.19 Euros and was rose by 0.6 percent as of 2:38 p. m. in Helsinki. UPM shares were little changed, after gaining as much as 1.5 percent in earlier trading.