Thailand said late Saturday it agrees in principle to entering a ceasefire with Cambodia and beginning a "bilateral dialogue" aimed at ending the nations' deadliest fighting in more than a decade.

More than 100,000 people have been displaced in the deadliest conflict between the two nations in 14 years. Thailand’s acting prime minister warned on Friday that clashes with Cambodia over a border dispute “could develop into war” as the deadliest fighting between the two countries in years extended into a second day.

Cambodian officials are reporting 12 new deaths in its fighting with Thailand, bringing death toll on both sides to 32