It was in 2008 when Pakistan last hosted any major ICC event. Security issues along with teams not wanting to play in Pakistan was the main reason behind it. However, Pakistan Cricket Board's President Ramiz Raja is very much excited to hist the Asia Cup 2023 as ICC released its schedule for the next ICC events.
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Pakistan Cricket Board has already confirmed that the Asia Cup 2023 will be hosted by themselves. Furthermore, they have confirmed that the Asia Cup 2023 will be played in ODI format. The decision was taken at the ACC meeting in Dubai by President Ramiz Raja.
Meanwhile, the 2022 edition of the Asia Cup will be played in T20 format. That will be hosted by Srilanka.
The tournament was organically planned to be organised in 2020. However, due to Covid scenarios, it was later postponed. With all of this going, BCCI had already requested ICC to shift the tournament to Dubai. The BCCI has already expressed their concerns over sending the team to Pakistan.
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Now, it will be interesting to see what step Sourav Ganguly led BCCI takes on playing Asia Cup 2023. Both India and Pakistan have not faced each other since 2001 in a bi-lateral series. The ball is now really on BCCI's court if ICC allows Pakistan to host the tournament in Pakistan.
In addition to the Asia Cup, Pakistan also has the right to host the 2025 Champions Trophy.