Islamabad, Feb 3 (IANS): Pakistan Prime Minister Nawaz Sharif Monday expressed satisfaction over the ongoing peace process between the government and the Taliban.

The Pakistani Taliban Sunday formally announced a five-member committee of senior political and religious leaders to mediate peace talks with government negotiators.

Sharif hoped that both the committees will move forward in a positive direction to bring peace to the country, according to a report on Radio Pakistan.

The prime minister last week formed a four-member government team to hold talks with the Taliban.

He said the government is serious about ending terrorism through dialogue as peace is vital to revive the economy.

Sharif added that restoration of peace through dialogue is the best option for the country.

The prime minister said he himself is supervising the dialogue process and Interior Minister Chaudhry Nisar Ali Khan is fully in touch with the government committee to assist in bringing about a positive outcome.

He said Pakistan also intends to resolve all outstanding issues with its neighbours, including India‚ to establish peace and stability in the region.