"We have agreed to take a new round of talks proposed by the Senate because if we allow things to go on like this, we don't know how many more lives will be lost," Nattawut Saikua, one of the "red shirt" leaders, informed the media.
A team of 64 senators will be mediating the discussion with the protesters, to compel ceasefire on both sides.
The spiraling violence, which is continuing since last two weeks, has also spread in some other portions of Thailand though the troops have taken control over thousands of protesters in the camps.
The polytical analysts think that the proposal would turn to be a promising start though it is unlikely to provide a peace deal. The government's response to this offer is not yet known.