A Hangu peace jirga brokered a peace agreement between two warring religious sects in Kurram Agency on Sunday with the accord to be implemented within 24 hours, sources said. The peace accord would put an end to the sectarian fighting that erupted on November 16 last year between the two sects in the agency. According to the agreement, both sects would deposit Rs 20 million each as surety with the peace jirga before January 31 and either party would have to pay Rs 40 million if it violates the accord. Both parties, involved in a fierce sectarian battle, will start a dialogue from February 1 for a durable and lasting peace in the area.