New Delhi: Disfavouring 'independence' for Jammu and Kashmir, Pakistan President Pervez Musharraf has said his country would give up claim on the state if India accepts his four-point solution that includes demilitarisation and 'self-governance with joint supervision mechanism'.

He said both India and Pakistan would have to make compromises and be prepared to give up their respective positions held since 1948.

"We will have to if this solution comes up," Musharraf sources when asked whether Pakistan is 'prepared to give up claim' on Kashmir.

He was referring to his four-point solution, which is: to make no change in boundaries of Kashmir, to make borders and the LoC irrelevant, have staggered demilitarisation and have autonomy or self-governance with a joint supervision mechanism.

"We are at the moment, both India and Pakistan, we are on the same position as we were since 1948. But we both ought to be prepared to give up all that we have been saying," Musharraf said.