India Prime Minister Narendra Modi and Pakistan Prime Minister Nawaz Sharif have some great news for the cricket loving fans of the neighbouring nations.

The Tribune has learnt that PM Modi and PM Sharif have given a green signal to the much-anticipated India vs Pakistan series. A formal announcement is expected to be made later on Tuesday. 

This would mean that one of the most awaited cricketing events of the calender year is all set to become a reality when India and Pakistan will lock horns in Sri Lanka for a short limited over series later in December. 

Along with the India vs Pakistan series announcement, The Tribune also reported that Pakistan's participation in the ICC World T20 2016 will also be confirmed at the same time. 

Earlier on Tuesday, we had learnt that India Foreign Minister Sushma Swaraj is supposed to reach Islamabad and meet PM Nawaz Sharif and his key advisor Sartaj Aziz to help improve bilateral ties between the two nations.

"The Pakistan-India series is set to take place after an exchange between Nawaz and Modi, with a formal announcement to be made either on Tuesday evening or on Wednesday. As planned, the short series will be played in Sri Lanka, and the Pakistan Cricket Board (PCB) has been told that it is as good as done; with only a formal declaration remaining," said a high level official from the Pakistan government who is watching the development closely. 

Pakistan Cricket Board (PCB) chief Sharyar Khan earlier had stated that he is impressed with the co-operation of Sri Lanka Cricket. If this series at all happens, it will not be possible without the help of Sri Lanka Cricket. Khan had also said that they have been waiting to hear from the Indian government and the Board of Control for Cricket in India (BCCI) regarding the furture of this high-voltage series. 

"We want to thank the Sri Lankan government for the way they welcomed the initiative of a Pakistan-India series in their country, while England and Wales Cricket Board chairman Giles Clarke and the International Cricket Council also played important roles."