ICC's commercial board (IDI) also reiterated that Lahore would no longer be the World Cup administrative headquarter, which has been shifted to Mumbai.

"The IDI Board remains committed to resolve this issue as soon as possible as there is an urgent need to press on with arrangements for the ICC's flagship event, now less than two years away," Morgan stated.

The PCB is currently locked in a legal battle with the ICC on the issue and Morgan said the governing body is trying hard to find an amicable solution to it.

"When two parties are at odds, it is often difficult to reach a settlement. We have not given up hope of reaching a settlement ... The legal action does not help but I don't think it makes it any more difficult," he said.

Meanwhile, the PCB accepted the ICC Board's offer of a task team to help ensure Pakistan retains its position in international cricket. Pakistan has become an outcast in international cricket with no country willing to tour the strife-torn nation.

The task team will be led by ICC Director Giles Clarke, the Chairman of the England and Wales Cricket Board, and include David Richardson, the ICC General Manager Cricket.

"We are delighted the PCB has accepted the ICC's offer of assistance as we seek to ensure Pakistan is not isolated as a result of circumstances beyond the control of its cricket administrators," Morgan said.

"We look forward to working with the PCB over the coming months on this issue," he added.