Pakistan Cricket Board chairman Najam Sethi says the team will not partake in November's 50-over World Cup unless the Indian side refuses to play in the Asia Cup in September.
With the Men's World Cup under six months away, the BCCI is yet to release the full itinerary of schedule and venues.
This year's Asia Cup sees Pakistan hosting the event for the first time since 2008, a tournament India participates in.
The ongoing tensions between the two countries stem back to 1947 when they fought in the Indo-Pakistani war and the Kashmir conflict.
The last Indian tour of Pakistan came in 2005/2006 when Pakistan won the three-test series 1-0, with the BCCI raising concerns about the level of security in the country.
The BCCI is standing firm in not touring Pakistan, demanding that the Asia Cup be moved to the United Arab Emirates.
Speaking last week to The Indian Express, Sethi says Pakistan will demand a "reciprocal agreement" for the upcoming World Cup.
"If India wants to have a neutral venture and accepts the hybrid model. then we'll use the same hybrid model in the World Cup," Sethi said.
In regards to being in the World Cup, Sethi says there's a possibility Pakistan potentially doesn't participate.
"We also have security concerns for our team in India. So let Pakistan play its matches in Dhaka or Mirpur, or UAE or in Sri Lanka," Sethi said.
'This is the solution going forward, until such time that India agrees to play Pakistan, in Pakistan and outside Pakistan, bilaterally."
In recent times, Pakistan has welcomed England and Australia, after hosting their matches in the UAE from 2009 to 2019 due to the Lahore Terror Attacks on the Sri Lankan team bus.
"Every major country has toured Pakistan in the last few years. You name them, they've all been there. They all appreciated the security arrangements. That's not a problem anymore," Sethi said.
"The India-Pakistan game is the biggest game in town. It's bigger than Australia vs England, it's bigger than India vs Australia. How can we jeopardise that by a stubbornness?
"The Indian bridge team has been to Pakistan, the Indian kabaddi team has been to Pakistan, the Indian baseball team has been to Pakistan. Why can't the Indian cricket team come to Pakistan?"