This market will resolve to "Yes" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Thailand and Cambodia between December 8, and December 31, 2025, 11:59 PM ET. If the agreement is officially reached before the resolution date, this market will resolve to "Yes", regardless of whether the ceasefire officially starts afterwards. Any form of informal agreement will not be considered an official ceasefire. Humanitarian pauses will not count toward the resolution of this market. This market's resolution will be based on official announcements from both Thailand and Cambodia, however a wide consensus of credible media reporting stating an official ceasefire agreement between Thailand and Cambodia has been reached will suffice.