India and Pakistan have agreed to strictly observe all agreements on ceasefire along the Line of Control (LoC) and other sectors, according to a joint statement on Thursday.
The decision on ceasefire, effective since Wednesday midnight, was taken at a meeting between the Director Generals of Military Operations (DGMOs) of India and Pakistan.
The DGMOs held discussions over the established mechanism of hotline contact and reviewed the situation along the Line of Control and all other sectors in a "free, frank and cordial atmosphere".
"In the interest of achieving mutually beneficial and sustainable peace along the borders, the two DGMOs agreed to address each other's core issues and concerns which have propensity to disturb peace and lead to violence.
"Both sides agreed for strict observance of all agreements, understandings and cease firing along the Line of Control and all other sectors with effect from midnight of February 24/25," the joint statement said.
Both sides reiterated that existing mechanisms of hotline contact and border flag meetings will be utilized to resolve any unforeseen situation or misunderstanding, it added.