Islamabad: President Pervez Musharraf, who held talks with US Vice-President Dick Cheney in Davos, has said the American leadership is "satisfied" with the peace process between India and Pakistan as well as the steps taken by Islamabad to probe allegations of nuclear proliferation.

After his hour-long meeting with Cheney in Davos, Switzerland, on Friday (Jan 23, 2004) on the sidelines of the World Economic Forum, Musharraf said the American leader expressed satisfaction over the initiation of a dialogue process to settle all outstanding issues between India and Pakistan.

Referring to the investigation into allegations of proliferation by some top Pakistani nuclear scientists, the US fully understood that Pakistan was not involved in proliferation, in any way. "It was some individuals, who for personal gains, were involved in some sort of proliferation," the official APP news agency quoted Musharraf as saying.

Cheney expressed appreciation for Pakistan's contribution in the war against terrorism and "we told them that we will not let any foreign element (terrorists) operate in Pakistan".

Musharraf also met Microsoft chairman Bill Gates and sought his help for the development of the Information Technology (IT) sector in Pakistan.

Summing up his visit to Davos, Musharraf said he went there with two objectives - to inform the world what is happening in Pakistan and to remove misperceptions about the country.