India and Pakistan have not played a full-fledged bilateral series since 2007.
PCB Chief Executive Wasim Khan believes that Pakistan is ready to host a major ICC event sometime in 2023.
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"I don't think hosting international cricket is now such a big issue for Pakistan as the security situation has improved now," Khan quoted as saying by PTI.
"The fact that we have logistically hosted the entire Pakistan Super League in Pakistan and also teams like Sri Lanka and Bangladesh for Test matches besides other smaller events and series shows we are capable of hosting a big ICC event."
Khan said ICC should award them the hosting rights of a showpiece event as PCB has suffered a lot of financial losses due to India's refusal to play matches in India or Pakistan for some years now. Moreover, considering the current diplomatic ties, the bilateral series between the arch-rivals looks a distant dream.
"There appears to be little chance of India and Pakistan playing and we have already suffered losses in millions of dollars."
He said that the chief executives of cricket Boards will have a video conference with the ICC to discuss World T20 Cup, Asia Cup and World Test Championship.
"There is no doubt that because of the coronavirus pandemic every board is facing a big challenge to reduce their financial losses as much as they can. We are all in the same boat. We have similar interests. When this conference is held we will be discussing future measures."
(With PTI inputs)