The Belfast Telegraph offers 20 pages of analysis. Inside, it says "if IRA terrorism has finally been consigned to history, many new possibilities can open up".
The nationalist Irish News goes with a cartoon of an IRA man walking away from violence towards a ballot box. Its text is three extracts from the IRA statement.
In contrast, the unionist News Letter takes a more sceptical view. Inside, the paper concludes it may be several months - perhaps years - before republican representatives can be accepted as "part of the democratic process".
The nationalist Daily Ireland prints the statement in full on its front page and carries a 16-page pull-out supplement. Inside, it calls for a "bold response" from unionism.
In Dublin, the Irish Times says people in Northern Ireland are "getting to grips with a new reality". Its editorial says it could be "a defining moment" if "the words are translated into action".
The Irish Independent calls it a "farewell to arms". The paper says that in contrast to previous statements, this one was "admirably direct".
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