India have pulled out of next year's planned cricket tour of Pakistan in the wake of November's attacks in Mumbai after receiving government advice.
They were due to arrive in Pakistan on 4 January for three Tests, five one-day games and a Twenty20 international but the Indian government stepped in.
The tour had been in jeopardy since last month's attacks, which India has blamed on Pakistan-based militants.
Pakistan has denied involvement after the attacks left more than 170 dead.
It is the third major cricket tour to Pakistan this year to be cancelled on security grounds.
Australia pulled out of their scheduled visit, while the International Cricket Council also postponed the Champions Trophy one-day tournament.
As a result, Pakistan have played no Test cricket this year and just 21 one-day internationals, mostly against Bangladesh and Zimbabwe.
The Pakistan Cricket Board fears this latest decision could cost it £13m.
PCB chief operating officer Saleem Altaf said: "If there is no India series we gain nothing from our new television deal and lose out on other sources of income as well."
The PCB recently signed a new television rights deal worth approximately £90m with the Dubai-based organisation Ten Sports.
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