However, analyst and expert on international relations Dr. Tahir Amin was not optimistic about the future relations between the two countries. He told Xinhua that India is not sincere in resolving the long standing issues with Pakistan. "It holds talks and issues positive statements just under international pressure," he added.

Masood contradicts this saying power like India cannot be pressurized and there are other reasons for India preparedness for talks.

"It tried pressure tactics against Pakistan like increasing army on border with the country, it suspended dialogue with Pakistan after Mumbai attacks in 2008, and it fought wars with the later. But all these didn't work. The two south Asian countries are armed with nukes, which is a dominant factor in shaping the relations. So now India concluded that dialogue is the only way forward," he said.

Implementation of the decisions taken in the conference of 8- member SAARC depends on the decision of the foreign ministers of the two countries that are to meet in July, analysts said.

Some analysts link future relations between Pakistan and India to their ability of removing trust deficit between them as top officials of the two countries in May accepted that the deficit exists that needs to be removed.

Head of Center for Research and Security Studies (CRSS) Imtiaz Gul told Xinhua that time would tell that how much talks process between the two countries were successful. "The success depends on their ability to remove the mistrust that overshadows their relations for long," he said.

For the last 61 years the two countries have been at odds with each other due to their long-standing issues including Kashmir and fought four wars in 1948, 1965, 1971 and 1999.

In the 21st century relations between the two countries witnessed several ups and downs and the composite dialogue was suspended after Mumbai attacks killing about 166 people in India. Analysts maintain that for India the most important issue is terrorism but for Pakistan water issue is also important along with terrorism.

"Resolving all the issues including water and Kashmir are possible, though not so early, if sincere steps are taken on both sides," Masood said.