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There has been no formal word on the outcome of the recently held meeting aimed at solving the bitter West Indies cricketers contracts dispute, even as a local newspaper said that the feuding factions in the impasse had reached a resolution.

Outlining the agreements reached during the five-hour meeting held in Port of Spain, the Sunday Sun newspaper said the contentious Collective Bargaining Agreement (CBA) would go to arbitration, the players would continue to retain the West Indies Players Association (WIPA) as their sole bargaining agent and that the West Indies Cricket Board (WICB) would not rule out of selection for the upcoming South Africa tour, those players who abandoned the recent one-day series in India, reports CMC.

However, none of the parties involved in the meeting have yet issued a statement on the outcome.

St. Vincent's Prime Minister Ralph Gonsalves, who chaired Friday's talks, was reluctant to go into details of any resolution, telling the Trinidad Express newspaper that "very good progress" had been made.

"We are in a far better position than we were before. I think that on the basis of the discussions, we have the framework and the modalities for the resolution of the issues and for cricket lovers. I fully expect that the best team will be in South Africa representing us," Gonsalves was quoted as saying.

"Everybody is going back to their various entities. The 14 players who were in India, they have to talk to their WIPA leadership and their colleagues and (WICB president Dave Cameron) has to speak to his colleagues on the board, but believe us, we made very good progress."