Observing that breathtaking pace of change in the current times offered an opportunity and a responsibility to act decisively, Prime Minister Dr Manmohan Singh on Saturday said India and Pakistan have ventured on a journey towards peace and good neighbourly relations with a sincere desire to resolve all issues in a mutually acceptable manner.

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Addressing the Asian-African Summit in Jakarta, Dr Singh said past rancours can be transcended and new initiatives taken to create new cooperative mechanisms and regional partnerships.

Referring to his interaction with Musharraf at the dinner hosted by Indonesian President Susilo Bambang Yudhoyono on Friday, the prime minister said: "I appreciate the positive sentiments expressed by the Pakistan president which I fully reciprocate. We are sincere in our desire to resolve all issues in a mutually acceptable manner."

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Quoting former prime minister Jawaharlal Nehru he said "when we march in step with history, success would be ours."