Islamabad, Mar. 16 : Former Pakistan Prime Minister and Pakistan Muslim League-Nawaz (PML-N) chief Nawaz Sharif on Monday called off the `Long March'' of opposition politicians and lawyers after incumbent Prime Minister Yousuf Raza Gilani announced that deposed Chief Justice Iftikhar Muhammad Chaudhry would be reinstated on March 21 after present Chief Justice Dogar retires.

In an address to the nation, Gilani declared that President Zardari had agreed to most of Nawaz Sharif''s demands.

Gilani also ordered all political party activists and lawyers arrested over the past week to be released.

"The compromise formula has been worked out with Zardari," Gilani said.

The announcement followed late night meeting between Gilani and President Zardari on crucial issues responsible for the current political crisis triggered by a confrontation between the ruling PPP and opposition PML-N. (ANI)