Ukraine’s refusal to cede territory remains the central obstacle in peace efforts, as President Volodymyr Zelensky has repeatedly rejected Russian demands for formal recognition of occupied areas in Donetsk, Luhansk, Zaporizhzhia, and Kherson. Recent US diplomatic moves under President Trump, including sanctions relief and an energy ceasefire proposal that Russia appears to have violated through continued strikes on Ukrainian infrastructure, have heightened tensions and prompted Zelensky to accuse Washington of pressuring Kyiv toward capitulation. Russian officials continue to insist on a comprehensive settlement that includes territorial concessions rather than temporary ceasefires, while proposing a November trilateral summit with Trump and Xi Jinping that could sideline Ukrainian input. Ukrainian forces have reported limited advances in Donetsk, but Moscow maintains its maximalist positions on the battlefield and in negotiations. Upcoming US-Russia contacts and the APEC summit represent the nearest potential catalysts for shifts in positioning.
如果俄罗斯联邦与乌克兰在 2026年12月31日 23:59 ET 之前达成协议,且乌克兰同意让出协议达成时由其控制的任何领土,则本市场将判定为“是”。否则,此市场将判定为“否”。 该协议必须作为双方协议公开宣布,或得到可信报道压倒性共识的确认。 如果在结算日期之前正式达成此类协议,无论协议是否生效、何时生效,本市场都将结算为“是”。 只有作为外交进程或协议的一部分而割让的领土才符合条件。 如果领土调整是通过双方共同进行的边界划定程序或技术性边界协议实现的,且没有实质性改变实际控制,也不代表更广泛的领土让步,那么除非可信报道一致将其报道为领土让步,否则不符合判定为“'是'”的条件。 任何让出乌克兰所控制领土实际军事控制权的协议,无论乌克兰是否正式维持其主权主张,均符合条件。例如,1999年的《库马诺沃军事技术协定》中,南斯拉夫同意从科索沃撤出军队,但没有承认科索沃的自治或独立,该协定将符合判定为“'是'”的条件。 本市场的主要结算依据将是乌克兰和/或俄罗斯联邦发布的官方公告;不过,确认协议已达成的可信报道若形成压倒性共识,也符合条件。
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