, Feb. 10 -- The International Cricket Council (ICC) has announced that the Bangladesh Cricket Board (BCB) will face no punitive measures for its decision to boycott the ongoing T20 World Cup.

In a surprising gesture of reconciliation, the global governing body also revealed that Bangladesh will be awarded the hosting rights for a global tournament prior to the 2031 ODI World Cup.

The decision was publicized in an ICC press release issued today following a meeting held in a "cordial atmosphere" between the ICC, the Pakistan Cricket Board (PCB), and the BCB in Lahore.

The ICC confirmed that under the current circumstances, no financial, sporting, or administrative penalties would be imposed on the BCB for skipping the World Cup. Additio...