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Bhutto party in coalition offer Bhutto party in coalition offer
(10 minutes later)
The party of Pakistan's late former PM Benazir Bhutto - the biggest winner in Monday's election - says it is ready to form a coalition with the PML-N party.The party of Pakistan's late former PM Benazir Bhutto - the biggest winner in Monday's election - says it is ready to form a coalition with the PML-N party.
If finalised, an alliance of Ms Bhutto's Pakistan People's Party (PPP) and the PML-N would have more than half the seats in a new parliament.If finalised, an alliance of Ms Bhutto's Pakistan People's Party (PPP) and the PML-N would have more than half the seats in a new parliament.
Both opposition parties fared strongly in the elections that saw the defeat of President Pervez Musharraf's allies. The main party backing President Pervez Musharraf suffered heavy defeats.
The president has never looked more vulnerable, a BBC correspondent says. The president has never looked more vulnerable, the BBC's Chris Morris in Islamabad says.
If a new governing coalition could muster a two-thirds majority in parliament, it could call for Mr Musharraf to be impeached.
President Musharraf has been a major US ally in the "war on terror" but his popularity has waned at home amid accusations of authoritarianism and incompetence.
'End of dictatorship'
At a press conference on Tuesday, Ms Bhutto's widower and the PPP leader, Asif Ali Zardari, said his party would "form a government of national consensus which will take along every democratic force".
The PPP has won 87 seats so far, according to the website of private TV network, Geo.
The PML-N, or Pakistani Muslim League-Nawaz, which is led by another former PM, Nawaz Sharif, has 66 seats so far.
Mr Sharif said earlier on Tuesday that he was prepared to discuss joining a coalition with Mr Zardari's party in order "to rid Pakistan of dictatorship forever".
The two parties have a combined total of 153 seats.
The main party backing President Pervez Musharraf, the PML-Q, has already admitted defeat.
The party came a distant third, with 38 seats so far.
PML-Q chairman, Chaudhry Shujaat Hussain, told Associated Press Television News his party accepted the results "with an open heart" and was prepared to "sit on opposition benches".