**The stalled implementation of the U.S.-backed Gaza transition plan under the Board of Peace remains the dominant factor shaping trader views on foreign troop deployment.** A fragile ceasefire has held since October 2025 with only partial aid flows and continued low-level violations, while sequencing disputes—Israel conditioning full withdrawal on Hamas disarmament, and Palestinian factions linking disarmament to phased Israeli pullback—have blocked the International Stabilization Force (ISF) from deploying despite UN Security Council endorsement of the framework and pledges from several countries. Arab states including Egypt, Qatar, Türkiye, and others have pressed for compliance with the roadmap, including NCAG governance handover and reconstruction, ahead of the October 27 Israeli election that could alter negotiating dynamics. Recent Board of Peace recovery planning and a pending or recent UN vote on bolstering the ISF authorization highlight the narrow window for progress before mandate pressures intensify.