WICB CEO Michael Muirhead, said that they are hopeful of resuming bilateral relations with the BCCI.
"Discussions have been going very well. When we meet in Barbados this month we are hoping to have a resolution finalised and documented. Beyond that I can't say anything," Muirhead was quoted as saying 'Jamaica Observer' newspaper.
Last year, tensions between the BCCI and the WICB escalated after the Dwayne Bravo-led Windies ODI team pulled out of the five-match series after the fourth ODI in Dharamsala on October 17 due a pay dispute.
The BCCI then slapped a US$41.97 million claim on the WICB and also suspended bilateral relations with the WICB until the dispute is resolved,
Muirhead explained that representatives of the BCCI will be in the Caribbean attending the International Cricket Council's (ICC) Annual Conference which will take place in Bridgetown, Barbados from June 22-26 June.
"At that time, we will conclude discussions with BCCI because I will go to the Chief Executives meetings and the president will go to the board meetings, so we will see all the heads of the various cricket delegations," said Muirhead.
"It will be separate. This is a BCCI and WICB issue and we will deal with it with BCCI while they are here," Muirhead added.
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