New Delhi: If sources are to be believed, then Pakistan Cricket Board (PCB) and Board of Control for Cricket in India (BCCI) have finally reached an agreement to play the proposed bilateral series in Sri Lanka, another neutral venue.

According to the sources, now Pakistan board will wait for approval of its government to play the much-awaited series.

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However, as per the report in PTI, the official announcement regarding the series may be made on November 27.

While BCCI made it clear that they will not play in the United Arab Emirates and the Pakistan Cricket Board (PCB) refusing to play in India, the only feasible option left was the island nation, which will act as the neutral venue.

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With only a month's window available after India finish their Test Series against South Africa on December 7, the series is likely to be confined to three ODIs and two T20 Internationals instead of the original two Tests, five ODIs and two T20 Internationals, according to top BCCI sources.

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The proceedings had been fast-tracked once BCCI president and current ICC chairman Shashank Manohar met PCB chairman Shaharyar Khan and senior official Najam Sethi here in presence of ECB supremo and chairman of 'Pakistan Task Force'Giles Clarke.

(With Agency Inputs)