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HAVANA--Colombian President Juan Manuel Santos and the top FARC rebel commander pledged on Wednesday to end their 50-year war within the next six months, sealing their pact with a handshake likely to stand as a lasting image in the South American nation. Santos and FARC rebel leader Rodrigo Londono, better known by the nom de guerre Timochenko, also agreed the leftist guerrillas would lay down arms within 60 days of signing the deal, which now has an official deadline of March 23, 2016. If successful, it would end a conflict that has killed 220,000 and displaced millions over half a century. A lasting peace would also mark a huge advance for one of Latin America's star emerging economies and could deal a setback to illegal narcotics trafficking. Some FARC units have formed an alliance with drug cartels, exchanging protection for money. The government and the rebels have been in talks in Havana for nearly three years, but this was the first time Santos had come to Cuba and the first time he had met Timochenko. "We will not fail," Santos said at a signing ceremony. "The time for peace has arrived." Moments later, Santos and Timochenko greeted each other with a handshake. Cuban President Raul Castro, who hosted the meeting, joined his hands to theirs. In Wednesday's breakthrough, the two sides agreed to create special tribunals to try former combatants, form an amnesty that would exclude those who committed war crimes or crimes against humanity, and provide reparations for victims. Santos stressed the justice accord would apply not just to the FARC but also government troops and right-wing paramilitary groups, which took up arms as mercenaries for wealthy landowners or to avenge their own grievances against the FARC. With rebel negotiators insisting all along they would never go to jail, the special tribunals allow for less severe punishment for those who admit responsibility for their actions. Those who readily admit to crimes would received five- to eight-year terms in undefined conditions of restricted freedom. Those who come forward belatedly would get five to eights years in jail. But those who challenge accusations against them and are found guilty would face up to 20 years in jail.