Listed close: Jan 8, 2028, 3:00 PM UTC. Settlement follows the provider's contract terms and may occur later.
If Chile and Bolivia agree to or announce the restoration of full diplomatic relations between them at the ambassadorial level before Jan 1, 2028, then the market resolves to Yes. Secondary rules: A qualifying agreement or announcement is a joint decision or statement by Chile and Bolivia, or contemporaneous official statements from both governments, committing to restore diplomatic relations at the ambassadorial level, including by exchanging ambassadors. A commitment to restore full diplomatic relations, or relations at the highest diplomatic level, counts. It qualifies even if it takes effect later or names no ambassadors. An announcement that the two countries are restoring or re-establishing diplomatic relations, without stating a level, also counts unless the same announcement places the relations below ambassadorial level.
Naming an ambassador, or an announcement by only one government, qualifies only if the other government also confirms it. Statements that the two countries will work or advance toward normalization without committing to restore relations at the ambassadorial level, meetings of the Mecanismo de Consultas Políticas, and relations restored only below the ambassadorial level (such as consulates general or chargés d'affaires) do not qualify. A retraction is not itself a qualifying announcement, and a retraction after a qualifying agreement does not undo it; this market closes and expires early when the agreement is made.
An agreement or announcement qualifies if it involves any of the following:
Formal signing of treaties
Parliamentary approval with binding effect
Official ratification
Formal commitment by the head of state/government with constitutional authority
Official statements by authorized ministers
Official press releases
Formal declarations during government proceedings
Official statements to international bodies
Phased implementation announcements and multi-party agreements where the country is a signatory also qualify.
The following do NOT qualify:
Preliminary discussions
Conditional agreements contingent on circumstances
Opposition party statements
Leaked documents
Think-tank recommendations
General aspirations without specific commitment
Draft legislation without approval
Regional actions (unless specified)
Retraction of previously announced commitments Early close condition: This market will close and expire early if the event described in the Payout Criterion occurs.
Read this contract on Kalshi