ISLAMABAD - Pakistan Muslim League (Nawaz) and Pakistan Peoples Party agreed in principle to retain the previous arrangement of the coalition government in Punjab and the committee comprising members from PPP and PML (N) constituted earlier meant for better coordination between the two parties in Punjab was also revived. The decision to this effect was taken in the meeting between Prime Minister Syed Yousuf Raza Gilani and Chief Minister Punjab Mian Shahbaz Sharif here at Prime Minister House on Tuesday. In the meeting Premier Gilani was assisted by Federal Minister for Parliamentary Affairs, Dr Babar Awan; Federal Minister for Water and Power, Raja Pervaiz Ashraf; Punjab Minister for Finance, Tanveer Ashraf Kaira, while Chief Minister Punjab Mian Shahbaz Sharif was having Leader of the Opposition in National Assembly Ch Nisar Ali Khan and Punjab Minister for Law, Rana Sanaullah, to his side. The sources privy to the deliberations of the meeting disclosed to The Nation that Prime Minister Syed Yousuf Raza Gilani once again reiterated the offer to PML (N) to rejoin the Federal Government but Chief Minister Punjab Mian Shahbaz Sharif, who is also PML (N) President, politely declined the offer and made it clear that they would not rejoin the Federal Cabinet till the time of complete implementation of Charter of Democracy and annulment of 17th Constitutional Amendment. It was further agreed between the two sides that the Punjab Cabinet portfolios would be assigned afresh while the formula of 60-40 share in the Punjab Government would remain confined to these two parties and it would not have any bearing on the induction of the ministers from PML (Q) forward bloc, the sources confirmed. The meeting expressed unanimity of views that to address the internal and external challenges being faced by the country, and in the greater national interest, both major political parties of the country would continue to respect each others mandate, strengthen democratic institutions, institutionalize good governance and work together for the smooth and effective functioning of the parliamentary process. They also reaffirmed their resolve to achieve the common objectives of making Pakistan, peaceful and progressive nation by promoting policy of public welfare including poverty alleviation, checking inflation, overcoming energy shortage and addressing the other serious socio-economic problems afflicting the common man. The meeting also discussed issues related to overall political and security situation in the country. Both sides agreed that Parliament being the supreme forum for making policies of national importance would be further strengthened. It was also decided that the Federal Government and its agencies would work in close liaison with the provincial governments in order to counter the increasing trend of security related issues to ensure safety of life and property of the people. The meeting also expressed concern over various statements from certain quarters targeting the writ of the government. There was unanimity of views that the democratic process provided the best way forward for the country and both the parties would not only stand together to safeguard the democratic process but also take on board all the other political parties of the country to strengthen the system. The Prime Minister apprised the Co-Chairman of PPP, Asif Ali Zardari, who is currently visiting the US, about the coalition arrangement in Punjab, agreed in Tuesdays meeting with the PML (N) leadership. The Co-Chairman said that it was the need of the hour that the two major political parties should jointly contribute towards political reconciliation and stability of the country. According to PML (N) sources, the provincial ministers would be given new portfolios in accordance with the fresh power sharing formula. Sources said PML-N had reduced the share of PPP in the Punjab Cabinet because it wanted to include PML-Q forward bloc members in the Cabinet. Consensus on major national issues was reached and the two sides also agreed to summon the All Parties National Conference soon.