"Track two dialogue with BJP over the formation of government in Jammu and Kashmir is in progress," the former chief minister said while addressing party leaders here.
Sayeed said that once the dialogue gets some direction, a structured dialogue with BJP would be initiated.
"Once the track two dialogue gets some direction, a structure dialogue of the track one dialogue on the formation of a common minimum programme (CMP) will be initiated," he said.
"PDP has its conditions and there will be no sell-out of our core ideology including the time bound revocation of the Armed Forces Special Powers Act (AFSPA) and initiation of dialogue with Pakistan," he said.
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Sayeed said that the party would want a special package for the people of Jammu and Kashmir, especially the youth, who are facing problems due to unemployment.
He said that PDP would also demand the transfer of NHPC-run power projects in the state to the government of J&K.