However, they refused to comment on the time by which they will announce an alliance to form the coalition government.
PDP today said that talks are on to achieve a "consensus" on "left out one or two issues" confronting the coalition in the formation of the government.
PDP spokesperson Naeem Akhtar told reporters, "We (PDP) have more issues of convergence... And a few issues, one or two are there, on which consensus has not emerged as yet. Attempts are being made by both the sides to reach consensus on them."
Akhtar said, "As soon as we feel that we have overcome major differences, we will take a decision."
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He said that there are still "certain issues" which needed to be sorted out. "But they will get sorted as the parties get into a structured dialogue," he added.
BJP also said here that talks are going on and once there is a consensus on "some" issues, the process for the formation of government in J-K will start.
When asked about the time frame, Sharma said, "how can we say that when the talks will end".