ISLAMABAD (Agencies) - A peace pact has been brokered between two rival factions of a tribe - Toori and Mengal - in Kurram Agency here Thursday. Addressing a news conference here Thursday following several days of deliberations by the jirga, tribal elders, elected representatives from the area and the Political Agent expressed confidence that the accord would herald peace and tranquillity in the Agency. Under the agreement, there will be exchange of dead bodies and kidnapped people in the presence of the administration, roads including main Thall-Parachinar road closed for about one and a half years, would be reopened for all kind of traffic by Friday (today), seven hundred displaced persons will be allowed to return to their homes. Supply of food and medicines would be ensured. Bunkers would be vacated and handed over to FC personnel and political administration. The accord envisages fine worth 60 million rupees on violation of the understanding and transgression would be treated as anti-peace move and violators dealt with accordingly. The jirga would go to Kurram on 25th of this month to ensure implementation of the agreement by both sides and jirga members have already started contacts with the rival groups for the purpose. It was also decided that a tribal jirga representing all tribal areas would be held in Kurram on November 2 in which one more agreement would be made to evacuate the occupied areas. The tribal elders assured cooperation of all the parties of Agency to the Government for maintaining peace in the area. They also demanded of the government to step up the number of FC troops in the Agency. The Political Agent proposed that the Government should provide massive development funds to Kurram to fight its backwardness and serve as an incentive for other agencies to go for peace. The jirga members thanked the elected representatives of the area for their contribution towards restoration of peace The jirga members Malik Aman Ullah, Haji Kamal Hussain, Maisam Ali Toori, Gulzar Hussan Toori, Haji Salim Khan, Subhan Ullah called upon the government to take practical steps for the restoration of power supply to the Agency. Earlier, a 100-member peace jirga comprising 50 members each from the Toori and Mengal tribes and 20 members from other tribal agencies, including parliamentarians met at Murri and agreed to hold ceasefire between the warring tribes. They signed an agreement for restoration of peace in the area and ending about one year clashes in the agency. A 15-member committee and peace jirga comprising 23 members inked the peace treaty. The ongoing clashes in Kurram have claimed more than 1,000 lives while around 4,000 injured. The clashes in the agency have besieged the residents of Kurram and local people who are also facing severe food and drug shortages and the area is without electricity for the last several months.