The two countries will also free all fishermen and prisoners in each other's custody who have completed their sentences by August 14-15 when the two neighbours observe their Independence Day.
India has been drawn with arch-rivals Pakistan and minnows Scotland for the group stages of the inaugural Twenty20 World Cup.
Sir Creek is perhaps the only issue under the composite dialogue process which both sides consider as 'doable'.
The talks will be held in Islamabad, sources told PTI in Delhi on Monday after a meeting between External Affairs Minister Pranab Mukherjee and Pakistan Foreign Minister Khurshid Mehmood Kasuri.
Pakistan's action against perpetrators of the Mumbai attacks will top the agenda of the meeting, which will take place on the sidelines of the United Nations General Assembly, the first high-level contact between the two countries after the meeting between their Prime Ministers in July.
Pakistan does not have to follow a tit-for-tat policy in the event of fresh nuclear tests by India as it is capable of protecting its own interests, Foreign Minister Shah Mahmood Qureshi said."We do not have to follow a tit-for-tat policy. We have to do what is in Pakistan's interest," Qureshi said. India's nuclear tests in May 1998 were followed closely by atomic tests by Pakistan. Since then, both countries have maintained a moratorium on further tests.
ICC chief Malcolm Gray criticised the Indian government for the ban on bilaterial series with Pakistan.
In an interview with Pakistani website Dawn News, on Thursday Jaswant Singh refuted the belief that Pakistan and India came close to nuclear war during a military showdown in 2002.
India and Pakistan are embroiled in a new diplomatic war.
India and Pakistan were close to sealing an agreement on Kashmir and other contentious issues between the two countries when President President Pervez Musharraf was in power. "...I had told Prime Minister Manmohan Singh and he had agreed, of course. It was his turn to come to Pakistan and we had decided that if he comes and there is no signature on at least one out of those three, if not all the three, it would be a total flop and that must never happen," he said.
A move by India and Pakistan to ease their decades-old visa regime to benefit tourists, senior citizens and businessmen was hailed on Saturday as a milestone in a "nascent" peace process, with the media in Islamabad calling it the first major outcome of the dialogue that resumed last year.
One person was killed as violence erupted after India's victory over Pakistan.
Indian and Pakistani officials held technical-level talks near Islamabad on Friday to work out modalities for conducting a second joint survey of the Sir Creek area.
The series was to be played in Malaysia.
The number of Test face-offs between India and Pakistan in the upcoming Future Tours Programme (FTP) cycle is likely to be curtailed with the government of Pakistan deciding to strike off a few matches.
Senior officials of India and Pakistan will meet in Islamabad on July 19 to discuss measures aimed at facilitating travel and trade across the Line of Control in Jammu and Kashmir.
One could assess without fear of contradiction that the New Delhi visit of Panetta, who is still to find his feet as an intelligence chief, would have had a much larger political objective for Obama. Firstly, to reassure Indian leaders that Clinton's first visit to China does not mean the downgrading of the US relations with India.
Foreign secretaries of India and Pakistan will hold talks in Delhi on July 4-5 to discuss peace and security, including Confidence Building Measures and Kashmir. As part of the second round of resumed dialogue process between India and Pakistan, Foreign Secretary Ranjan Mathai will hold talks with his Pakistani counterpart Jalil Abbas Jilani.
In fresh embarrassment to the Pakistan government, Premier Yousuf Raza Gilani's statement on the possibility of sending an investigation team to India was contradicted by his cabinet colleague Sherry Rehman, who denied that any such move had been initiated by Islamabad.
India attributed the failure of the signing of an agreement with Pakistan on new liberalised visa regime to "some delay in the procedure" in that country and Pakistani Interior Minister's desire for political participation in the exercise.
India and Pakistan have agreed to import carpets, raw products and food items from both sides of Kashmir by trucks on the Srinagar-Muzaffarabad route from July this year.
Continuing with the confidence building measures, India and Pakistan are set to ink a new visa agreement. Amir Mir reports from Islamabad
Ruling out war with India, Pakistan on Monday said it is willing to cooperate in fighting terrorism, a scourge affecting both the countries. "There is need for joint efforts by both Pakistan and India to fight terrorism and we are willing to cooperate with India fully in this regard," Pakistan prime minister's advisor on interior affairs Rehman Malik said.
The DG said that large number of fishermen from both countries had difficulties in identifying the maritime boundary.
Pakistan's army chief General Ashfaq Parvez Kayani on Monday emphasised the need to avoid a conflict with India in the wake of the Mumbai attacks as China launched a diplomatic initiative to ease tensions by dispatching a top diplomat to Islamabad. Kayani's comments, believed to be his first on the situation, came during his talks with Chinese Vice Foreign Minister He Yafei, who is in Islamabad.
As Pakistani warplanes conducted sorties for the second straight day, Prime Minister Yousuf Raza Gilani on Tuesday said the two countries cannot afford tension along their border. "Nobody wants tensions on the borders and we are moving responsibly and with caution," Gilani told reporters on the sidelines of an official ceremony in Islamabad.
He said Musharraf brought up the issue of Pakistan's energy needs during their talks and added the US Energy Secretary Samuel Bodman would be visiting Pakistan soon for discussions
What Prime Minister Manmohan Singh and Pakistan President Asif Ali Zardari really discussed at their meeting. Sheela Bhatt reports
Prime Minister Manmohan Singh is believed to have favoured India, Pakistan and Iran together building the over $7 billion gas pipeline, since joint participation will make the project more secure.
Pakistan has said India violated the Indus Water Treaty.
India and Pakistan have posted the highest gains among developing Asia-Pacific equity markets, posting much stronger returns than those in 2004
India and Pakistan will play four to five one day internationals every year in non Test playing countries, the BCCI announced on Monday.
Also in the pipeline, are talks on more bus services.
The two countries already have a bus service from Srinagar to Muzaffarabad.
The first women's cricket series between Pakistan and India will begin in Lahore on Wednesday.