Doubts over India's hosting of the 2011 World Cup have been eased after a new contract was agreed with the International Cricket Council. India's cricket board had objected to the members' participation agreement (MPA), covering major tournaments.
But concessions were agreed during an ICC board meeting in Mumbai.
"The board achieved a successful resolution of the outstanding issues involving the MPA with the board of control in India," said a statement.
"ICC management will now write to the full member chief executives to confirm the new draft of the agreement."
India are scheduled to host the 2011 World Cup final, with Pakistan, Sri Lanka and Bangladesh sharing other games in the tournament.
The new members' agreement is set to run from 2007-15 and cover 18 major events, including two World Cups, three Champions Trophy tournaments and the first two Twenty20 World Championships.
The deal is vital as the ICC looks to finalise negotiations with television broadcasters, expecting to improve on its existing $550m (�291.5m) deal.
India's board of control also agreed to withdraw its own bid for the broadcast rights after legal opinion indicated it would be a conflict of interest.
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