Cambodia and Thailand have agreed to a ceasefire regarding their long-standing border dispute, with ASEAN set to observe the arrangement. This decision follows a series of violent clashes that left numerous casualties and was influenced by economic pressures from the U.S., which threatened trade consequences if hostilities continued. Both nations have committed to regular communication and peaceful resolutions to their issues, with an immediate Regional Border Committee meeting planned. The U.S. has welcomed this development, viewing it as a positive move towards stability in the region, highlighting the importance of diplomatic intervention in resolving conflicts over territorial disputes.